- Nov 15, 2022
Seems like you are confusing nominal with real GDP growth. Nominal growth doesn't take inflation into account. Nominal GDP or GDP at current prices in Q2 FY23 is estimated at ₹65.31 lakh crore, as against ₹56.20 lakh crore in Q2 FY22, showing a growth of 16.2% as compared to 19.0% in Q2 FY22.Bhery bhery decent, so much so that 10% depreciation of INR never occurred, Nominal GDP growth over last year would be 1-2%. Would be most likely $3.3 trillion at this pace. The economy literally is on autopilot. This is what will continue, snail pace growth which doesn't mean shit.