GDP growth rate: 7.8% in Q1 FY2024-25 (April–June 2024)
GK and monthly revision
India’s GDP growth at 7.8% in Q1, slower than last quarter but quicker than last year
India's GDP grew at 7.8% in Q1 FY2024-25, slower than the previous quarter's 8.4% but faster than 6.1% in Q1 FY2023-24. The growth was driven by manufacturing and broad services including utilities, financial services, real estate, IT, and public administration & defence. This indicates resilient domestic demand and policy support, making it a key economic indicator for competitive exams focusing on macroeconomic trends and sectoral performance.
Source: The Hindu. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
Key points
Exam-ready takeaways
Previous quarter (Q4 FY2023-24) growth: 8.4%
Same quarter last year (Q1 FY2023-24) growth: 6.1%
Key drivers: Manufacturing, utilities, financial services, real estate, IT, public administration & defence
Data released by National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation
How to study
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Revise monthly events by exam family instead of reading random updates.
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