New Delhi. 2 banks went bankrupt in America. Deutsche Bank in Germany and Credit Suisse in Switzerland are in trouble. Amidst all this there is good news for our country. In the quarterly report of the Ministry of Finance, it has been told that India’s economy remains very good amidst the whisper of recession worldwide. According to the report of the Ministry of Finance, India’s GDP grew at a rate of 4.4 percent in the third quarter of 2022-23. Due to this the GDP became 40.2 lakh crores. Whereas, last time it was 38.5 lakh crore in the third quarter. The report of the Ministry of Finance says that India’s GDP was 6.3 percent in the second quarter of 2022-23.
According to the latest report of the Ministry of Finance, the size of GDP in the third quarter of 2021-22 at current prices was 62.4 lakh crores. This time it is 69.4 lakh crores. That is, it increased by 11.2 percent. It has been told about Gross Value Added i.e. GVA that it was 62.9 lakh crore in the third quarter of 2022-23. Whereas, the GVA in the third quarter of 2021-22 was 56.8 lakh crore. That is, an increase of 10.8 percent has also been recorded in this. According to the report of the Ministry of Finance, due to weak manufacturing, demand and lack of exports, there is definitely pressure on the domestic economy.
Before this, the figures of the world’s economy had come many times. It was told in these that India’s economy has been more than all the big countries. Even countries like China, America and Britain were behind India in GDP figures. Now the latest report of the Ministry of Finance is telling that despite all the problems, the country’s economy remains strong. Due to the increase in demand and increase in manufacturing, it may get better in the coming days.