India’s GDP data for the January-March quarter will be released on May 31. (document)

India’s gross domestic product (GDP) is expected to grow 8% or more in the quarter ended March 31, Finance Minister Nirmala Sitharaman said on Saturday.

Nirmala Sitharaman added that the economy is expected to expand at the same year-on-year pace in FY 2023/24 on the back of improved inflation management and macroeconomic stability.

“Hopefully, the fourth quarter… can also achieve 8% or more (growth), leading to an average GDP growth of 8% or more in 2023/24,” Nirmala Sitharaman said at an event in Mumbai. center of.

India’s GDP data for the January-March quarter will be released on May 31.

Asia’s third-largest economy grew 8.4% year-on-year in the October-December quarter, surpassing the previous quarter’s 7.6% growth.

According to the government’s latest forecast, the Indian economy is expected to grow by 7.6% in the current fiscal year ending March 31.

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