Gross value added Current Affairs, GK & News

NSO released Revised Estimates of Economic Growth

January 30, 2021

The National Statistical Office (NSO) has released the revised estimates of Gross Domestic Product (GDP) data on January 29, 2020. The data was revised for the for the fiscal years 2017-18 to 2019-20. Highlights The first revised estimates figured the GDP growth at 4 percent for the fiscal year 2019-20. This was 20 basis point ..

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Indian Economy to Shrink by 9.5% in FY 2020-2021: ICRA

July 16, 2020

The credit rating agency, ICRA, has predicted that the Indian economy will see a major slowdown in the current fiscal and it is expected to contract by around 9.5% in the Financial Year 2020-2021. The agency had earlier predicted a slowdown of 5% for the Indian Economy. The reason behind this revision has been shown ..

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India to grow at 7.2 per cent in 2018-19: CSO

March 1, 2019

The Central Statistics Office has released the first advance estimates of National Income for 2018-19. The observations made by CSO are: Indian economy is expected to grow at 7.2 per cent in 2018-19, a tad higher from 6.7 per cent in the 2018-18. Real GVA (Gross Value Added) is expected to grow at 7 per ..

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GDP grows at 7.3% in September quarter

November 30, 2016

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has come up with the Gross Domestic Product (GDP) estimates for the second quarter (July-September) of 2016-17. Accordingly, the Indian economy has grown at the rate of 7.3% in the second quarter. This is up from the 7.1% recorded in the previous three months. ..

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