The Q4 (Jan-Mar) GDP and the FY 2022-'23 estimates flatter to deceive. Fact is the Indian Economy did "grow", but for whom and by whom.

For instance, the 7.2% economic growth is largely powered by the "services" sector, contributing nearly 60% of the overall GDP.

This is why I call our "vaunted" fastest growing major economy an One Pony Trick.
https://lnkd.in/gCUByKfk

#economy #gdp #indianeconomy #q4fy23 #q4results #fy23 #growth #india #fastestgrowing #services #consumption