India's economic growth has surpassed all expectations and remains the world's fastest growing major economy, as per the latest GDP data. India's GDP grew at an impressive 8.2%, exceeding projections by the International Monetary Fund (IMF) and India's central bank, the Reserve Bank of India (RBI). This news comes as a major boost for the incumbent government, with the final phase of voting underway. India's fiscal deficit was also lower than the government's target. In the last financial year, India's fiscal deficit stood at 5.63%, against the full-year target of 5.8%. Palki Sharma decodes the numbers.
