India's GDP Grows 7.8% in Q1 FY 2026–27
Why in News
India’s real GDP grew 7.8% year-on-year in April–June 2026, beating the RBI’s earlier 7% projection. Nominal GDP grew 10.3% and real GVA increased 8.2%; the new national-accounts series uses 2022–23 as its base year.
Highlights
- Real GDP growth: 7.8%
- Nominal GDP growth: 10.3%
- Real GVA growth: 8.2%; base year 2022–23.
Important Facts
- GDP measures the value of final goods and services produced in an economy.
- GVA measures value added by producers across economic activities.
Static GK
- GDP measures the value of final goods and services produced in an economy.
- GVA measures value added by producers across economic activities.
Exam Importance
India's GDP Grows 7.8% in Q1 FY 2026–27 is important for UPSC, SSC, Banking, Railway and State PSC examinations.
Memory Trick
GDP growth = 7.8% | GVA = 8.2% | Base = 2022–23.