On May 31, Indian Prime Minister Narendra Modi expressed his satisfaction with the country’s 2022-23 GDP growth figures, which are estimated to be 7.2%, higher than the earlier 7% estimate. Despite global challenges, the GDP growth rate affirms the strength and resilience of the Indian economy.
In a tweet, the prime minister noted that India’s economy is promising, as reflected in its macro-economic indicators and overall outlook. However, the 7.2% growth rate falls short of the 9.1% growth seen in 2021-22.
