Real GDP at constant prices(base year 2022-23) climbed to Rs 81.36 lakh crore for the quarter, compared to Rs 75.46 lakh crore in Q1 FY 2025-26.
GDP growth hits 7.8% in Q1: MoSPI report: Ministry of Statistics and Program Implementation(MoSPI) on Monday has released the GDP figures for the first quarter for the financial year 2026-27. During this period, the real GDP of the country has increased at the rate of 7.8 percent.
In recent days, rising inflation have raised concerns about India’s economy and its growth prospects this year. But the statistics presented by the MoSPI report are shocking. According to these data, India’s economy has maintained a good pace in the first quarter (April to June) of the financial year 2026-27. Nominal GDP has increased by 10.3 percent in the April-June quarter. Real GDP at constant prices(base year 2022-23) climbed to Rs 81.36 lakh crore for the quarter, compared to Rs 75.46 lakh crore in Q1 FY 2025-26. Nominal GDP measures the total output of the economy at current prices, while real GDP measures real economic growth after removing the effects of inflation.
Real Gross Value Added (GVA) expanded 8.2% to ₹73.82 lakh crore, while Nominal GVA grew 11.5% to reach ₹80.53 lakh crore. The official schedule fixes the next quarterly GDP release, covering Q2 (July-September) of FY 2026-27, for November 30.
The latest growth figure was also higher than the RBI’s earlier projection of 7 per cent for Q1 FY27. The central bank has estimated quarterly growth at 7 per cent earlier this month, while raising its full-year FY27 growth forecast to 6.7 per cent from 6.6 per cent.
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