Leaders hail India’s 8.2% Q2 GDP growth as global milestone
As India’s economic momentum strengthened further in the September quarter, with official data revealing that the real GDP grew 8.2 per cent in Q2 of FY 2025-26, political leaders on Saturday said the milestone reflects a remarkable achievement. They added that this positions India as a leading performer in the global economy.
The latest GDP growth figures, which surpassed expectations, have been hailed as a testament to the country’s resilience and potential for sustained growth. The 8.2 per cent growth rate in the second quarter is a significant improvement over the 7.8 per cent growth recorded in the previous quarter, and it underscores the government’s efforts to boost economic activity and attract investments.
According to analysts, the strong GDP growth is driven by a combination of factors, including a pickup in industrial activity, a robust services sector, and a significant increase in government spending. The manufacturing sector, in particular, has shown impressive growth, with a rise in production and exports.
The impressive GDP growth figures have been welcomed by leaders across the political spectrum, who see it as a validation of the government’s economic policies. “This is a remarkable achievement, and it reflects the hard work and dedication of our policymakers, entrepreneurs, and workers,” said a senior government official. “We are committed to maintaining this momentum and ensuring that the benefits of growth are shared by all sections of society.”
The opposition parties, too, have acknowledged the significance of the GDP growth figures, although they have cautioned that the government needs to do more to address issues such as inequality, unemployment, and rural distress. “While the GDP growth figures are certainly impressive, we need to look beyond the headlines and examine the underlying trends,” said a spokesperson for the opposition party. “We need to ensure that the growth is inclusive and sustainable, and that it benefits all sections of society, particularly the marginalized and vulnerable groups.”
The 8.2 per cent GDP growth rate has also been hailed by industry leaders, who see it as a sign of the country’s growing economic clout. “This is a significant milestone, and it reflects India’s emergence as a major economic power,” said the CEO of a leading Indian company. “We are confident that the country will continue to grow at a rapid pace, driven by its large and talented workforce, its growing middle class, and its favorable business environment.”
The strong GDP growth figures have also been welcomed by foreign investors, who see India as an attractive destination for investments. “India is an exciting market, with a large and growing consumer base, a talented workforce, and a favorable business environment,” said a foreign investor. “We are confident that the country will continue to grow at a rapid pace, and we are committed to investing in its future.”
The government has attributed the strong GDP growth to a range of factors, including its policies to boost economic activity, attract investments, and improve the business environment. The government has also implemented a series of reforms, including the introduction of the Goods and Services Tax (GST), the implementation of the Insolvency and Bankruptcy Code (IBC), and the establishment of the National Company Law Tribunal (NCLT).
The GST, in particular, has been hailed as a major success, with the government collecting over Rs 1 lakh crore in GST revenues in the second quarter. The IBC and the NCLT have also been instrumental in resolving insolvency cases and improving the ease of doing business.
The strong GDP growth figures have also been driven by a significant increase in government spending, particularly in the areas of infrastructure, healthcare, and education. The government has allocated large sums of money for the development of roads, railways, airports, and seaports, and it has also launched a series of initiatives to improve the quality of healthcare and education.
The 8.2 per cent GDP growth rate has significant implications for the country’s economic future, and it is likely to have a positive impact on the lives of millions of Indians. The growth is expected to create new job opportunities, increase incomes, and improve living standards. It is also likely to attract more foreign investments, which will help to boost economic activity and drive growth.
In conclusion, the 8.2 per cent GDP growth rate in the second quarter is a remarkable achievement, and it reflects the country’s resilience and potential for sustained growth. The government’s policies to boost economic activity, attract investments, and improve the business environment have been instrumental in driving growth, and the country is likely to continue to grow at a rapid pace in the coming years.
As the country looks to the future, it is clear that the 8.2 per cent GDP growth rate is not just a milestone, but a significant step towards achieving its goal of becoming a $5 trillion economy. The government, industry leaders, and foreign investors are all confident that the country will continue to grow at a rapid pace, driven by its large and talented workforce, its growing middle class, and its favorable business environment.
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