Agri, manufacturing spurt helps GDP growth at 7.2% |
Indian economy is expected to grow at 7.2 per cent in 2018 - 19 against 6.7 per cent in the previous fiscal mainly due to improvement in the performance of agriculture and manufacturing sectors, the first advance estimates of National Income for 2018-19, Central Statistics Office (CSO) has indicated. The report said, the growth in GDP during 2018-19 is estimated at 7.2 per cent as compared to the growth rate of 6.7 per cent in 2017-18. Economic Affairs Secretary Subhash Chandra Garg described the 7.2 per cent GDP growth projection as very healthy. India continues to remain the fastest growing economy in the world. At current prices, GDP grows by 12.3 percent rising to US $2691 Billion.
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