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Services sector is seen contributing the maximum share to the overall growth in the second quarter, even as the sector along with agriculture may see a slight moderation.
Indias economic performance in the first half of the fiscal year 2023-24 has positioned it as a positive standout on the global stage. The first quarter of FY24 witnessed an impressive 7.8% year-on-year growth in GDP, reflecting the countrys economic strength.
According to Chief Economic Adviser V Anantha Nageswaran, it is possible that the Indian economy's underlying momentum and activity is not being measured accurately
RBI Bulletin’s State of the Economy Report for October 2023 said their economic activity index (EAI) put GDP growth for Q2 2023-24 at 6.8 per cent