The economy grew at a rate of 8.2 per cent during the period from April to June, topping the pace of the previous quarter and beating analyst expectations. This is the highest growth in over two years and strongest since the first quarter of 2016. The improved performance would be a big boost for the Narendra Modi government as it comes amid a debate over its economic record versus that of the previous Manmohan Singh administration after back-series data released recently showed that the GDP growth rate had crossed 10 per cent mark during UPA rule.
The economy grew at a rate of 8.2 per cent during the period from April to June, topping the pace of the previous quarter and beating analyst expectations. This is the highest growth in over two years and strongest since the first quarter of 2016. The improved performance would be a big boost for the Narendra Modi government as it comes amid a debate over its economic record versus that of the previous Manmohan Singh administration after back-series data released recently showed that the GDP growth rate had crossed 10 per cent mark during UPA rule.