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‘Reflects hardwork, enterprise of our people’: PM Modi on 8.2% GDP growth in Q2

Prime Minister Narendra Modi on Friday welcomed India’s GDP growth of 8.2% in the second quarter of 2025-26, terming it a strong sign of the country’s economic trajectory and the impact of ongoing structural reforms.

According to data released by the Ministry of Statistics and Program Implementation (MOSPI), India’s GDP grew by 8.2 per cent in Q2 FY26, a significant increase from the 5.6 per cent recorded during the same period last year. Nominal GDP recorded a growth rate of 8.7 percent in the second quarter.

In a post on X, the Prime Minister said the latest GDP figures highlight the effectiveness of the government’s pro-growth measures as well as the “hard work and initiative” of Indian citizens.

“GDP growth of 8.2% in the second quarter of 2025-26 is very encouraging. It reflects the impact of our pro-growth policies and reforms. It also reflects the hard work and enterprising spirit of our people. Our government will continue to promote reforms and enhance ease of living for every citizen,” PM Modi wrote.

According to MOSPI, GDP growth was driven by the secondary sector (manufacturing, electricity, gas, water supply and other utility services and construction), which grew by 8.1 percent and by the tertiary sector (trade, hotels, transport, communications, broadcast-related services, financial and real estate services, professional services, public administration, defense and other services), which grew by 9.2 percent in constant prices.

On the other hand, agricultural and allied activities saw a moderate real growth rate of 3.5 percent, while electricity, gas, water supply and other public utility services grew by 4.4 percent. Real private final consumption expenditure (PFCE) rose to 7.9 per cent in Q2FY26 from 6.4 per cent in the same period last year.

The strong quarterly performance adds to a series of macroeconomic indicators that have shown resilience amid global uncertainty. The government has repeatedly emphasized that reforms, improving infrastructure, and enhancing ease of doing business are the key drivers of growth in India.

Maintaining this momentum will be crucial as India aims to consolidate its position as one of the world’s fastest-growing major economies, economists say.


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2025-11-28 12:48:00

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