Business Standard

The growth challenge

Higher growth next year would require policy work

Economic growth, GDP
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Inflationary pressures easing as global prices come down

Business Standard Editorial Comment Mumbai
The national income data, released by the National Statistical Office (NSO) on Tuesday, was awaited for a variety of reasons. It had the gross domestic product (GDP) estimates for the third quarter (October-December 2022) of this fiscal year. The headline year-on-year (YoY) growth numbers for the first two quarters of this fiscal year were influenced by a weak base as economic recovery in the first half of 2021-22 was constrained by the second wave of the pandemic. Thus, the third-quarter number was expected to indicate the real strength of the economy. Most analysts expected the headline growth number to be

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First Published: Feb 28 2023 | 9:43 PM IST

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