Nominal GDP, or GDP at current prices, in Q3 of FY 2025–26 is estimated at ₹90.91 lakh crore, as against ₹83.46 lakh crore in the corresponding quarter of FY 2024–25, reflecting a growth rate of 8.9%.
According to the report, high-frequency indicators point to resilient economic activity during Q3 FY26.
Receding inflation pressures across economies, though still above targets in some advanced nations, have opened space for more accommodative monetary policies in the coming months, the Governor noted.
The Prime Minister vowed to continue to advance reforms and strengthen Ease of Living for every citizen.
India is expected to weather Trump's tariff turbulence with diversified exports and will remain the fastest-growing economy among the G-20 nations over the next two years.
PHDCI Economy GPS Index was 103 in February 2020, with an improvement of 19 points in February 2021 over February 2020.
The GVA in Q3 2020-21 from the manufacturing sector grew 1.6 per cent, as compared to a de-growth of (-) 1.5 per cent in Q2FY21.
The GDP is projected to contract by a record 7.7 per cent in the current fiscal ending March 31, 2021, deepest contraction in four decades.
Many of the jobs in these sectors cannot be performed remotely, making them vulnerable to lockdown and quarantine measures.
The report noted that the current logistics cost of India is 14 per cent of GDP, while in the US and Europe, it ranges between 8-10 per cent.
