The government on Thursday revised the Gross Domestic Product (GDP) growth rates by 110 basis points from 7.1 per cent to 8.2 per cent for 2016-17 and by 50 basis points from 6.7 per cent to 7.2 per cent for fiscal 2017-18. 'Real GDP or GDP at constant (2011-12) prices for 2017-18 and 2016-17 stands at Rs 131.80 lakh crore and Rs 122.98 lakh crore, respectively, showing growth of 7.2 per cent during 2017-18 and 8.2 per cent during 2016-17,' the Central Statistics Office (CSO) said..
The government on Thursday revised the Gross Domestic Product (GDP) growth rates by 110 basis points from 7.1 per cent to 8.2 per cent for 2016-17 and by 50 basis points from 6.7 per cent to 7.2 per cent for fiscal 2017-18. 'Real GDP or GDP at constant (2011-12) prices for 2017-18 and 2016-17 stands at Rs 131.80 lakh crore and Rs 122.98 lakh crore, respectively, showing growth of 7.2 per cent during 2017-18 and 8.2 per cent during 2016-17,' the Central Statistics Office (CSO) said.
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India's GDP or gross domestic product grew 5 per cent in the quarter ended June 30, government data showed on Friday, marking the slowest pace of expansion recorded since March 2013. The country's GDP growth was sharply lower than economists' estimates. Economists in a poll by news agency Reuters had expected the GDP growth at 5.7 per cent in the first quarter of the current financial year. #GDPData #EconomyGoneBJPmaun #GDP
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In the midst of a raging controversy over India's economic growth under the new GDP series, former Chief Economic Adviser Arvind Subramanian has said India is grossly overestimating its GDP growth rate.
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GDP में Pakistan और Sri Lanka से पीछे India | World Bank ने घटाया India का GDP growth अनुमान |
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GDP Growth | तीसरी तिमाही में GDP कम होकर 4.4% पर आई, RBI की ओर से बढ़ाई ब्याज दरों से घटी ग्रोथ
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IMF Chief Economist Gita Gopinath on Monday flagged weakening global growth at a rate higher than expected and said emerging economies are also facing risks triggered by capital flows due to US actions and currency depreciations. IMF has projected global growth at 3.5 per cent in 2019 and 3.6 per cent in 2020, 0.2 and 0.1 percentage point below its October projections.
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The Central Board of Trustees of the Employees' Provident Fund Organisation (EPFO) has recommended increasing the interest rate on Employees' Provident Fund for 2018-19 to 8.65% as against 8.55% in the preceding year. The move, once approved by the finance ministry will benefit six crore EPFO subscribers.
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Former finance minister P Chidambaram on Tuesday took a dig at the NDA government over the slump in GDP, which has dropped to a six-year low of 5 per cent in the April-June quarter. Minutes after Chidambaram stepped out of the courtroom, when journalists asked what he had to say about his CBI custody, Chidambaram quipped, 'Five per cent. Do you know what is five per cent?'
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