Economy moving forward

Dear Editor,
The report that India’s GDP grew at 6.1 per cent during the January- March quarter of the financial time 2022- 23 is yet another index that the country’s frugality is healthy and headed in the right direction. This will push the overall growth rate to7.2 per cent for the full time, April 2022 to March 2023. But this growth index isn’t a megalith; several factors also show we are doing many a thing right. During the quarter in discussion, husbandry growth accelerated to 5.4 per cent from 4 percent. Electricity, gas, water force and other mileage services member also grew 6.7 per cent during the fourth quarter from per cent in a time ago period. The GVA growth in the services sector, comprising trade, hostel, transport, communication and services related to broadcasting, was 9 per cent in the fourth quarter, against a growth of only 5 percent a time ago, according to data from the ministry of statistics and programme implementation. This robust performance, along with overall sanguinity and compelling macroeconomic pointers, illustrate the promising line of the Indian frugality and the tenacity of its people.
VijayKumar H K
[email protected]
Raichur, Karnataka
Environmentalist