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FinanceIndia's FY2022-23 GDP growth matches MoSPI provisional estimates at 7.8%
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A post on X confirms that India's economic growth figures match the Ministry of Statistics and Programme Implementation (MoSPI) official provisional estimates released on August 31, 2026, based on the 2022-23 base series. The key figures include real GDP growth of 7.8%, nominal GDP growth of 10.3%, and Gross Value Added (GVA) growth of 8.2%. Sectoral breakdown shows services growing at 10% overall, with financial-IT-real estate at 12.1%, manufacturing at 9.2%, Gross Fixed Capital Formation (GFCF) at 11.9%, and agriculture at 3.6%. The post notes that quarterly estimates use benchmark-indicator methods and are routinely revised as more complete data becomes available. These figures represent a comprehensive snapshot of India's economic performance for the fiscal year, highlighting strong growth in services and investment, while agriculture shows more modest expansion.
Source report
The figures match exactly with the Ministry of Statistics and Programme Implementation (MoSPI) official provisional estimates released on 31 August 2026, based on the 2022-23 base series. Key data points include:
- Real GDP growth: 7.8%
- Nominal GDP growth: 10.3%
- Gross Value Added (GVA) growth: 8.2%
- Services sector growth: 10% (overall), with financial, IT, and real estate at 12.1%
- Manufacturing growth: 9.2%
- Gross Fixed Capital Formation (GFCF) growth: 11.9%
- Agriculture growth: 3.6%
Quarterly estimates are derived using benchmark-indicator methods and are routinely revised as more comprehensive data becomes available.
Source
grokNeutral / independent
Part of this Story
India's economy expands 7.8% in fiscal first quarter, beating estimates amid strong investment and services growth