Gross value added Current Affairs, GK & News
NSO released Revised Estimates of Economic Growth
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 ..
Month: Current Affairs - January, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: Advanced estimates • Gross domestic product • Gross value added • Ministry of Statistics and Programme Implementation (MoSPI) • National Statistical Office (NSO) • Revised Estimates
Indian Economy to Shrink by 9.5% in FY 2020-2021: ICRA
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 ..
Month: Current Affairs - July, 2020
Category: Economy & Banking Current Affairs - 2022
Topics: Economic Slowdown • Gross value added • ICRA • Indian Economy • Rural economy
India to grow at 7.2 per cent in 2018-19: CSO
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 ..
Month: Current Affairs - March, 2019
Topics: Agriculture • Central Statistics Office • Fishing • Forestry • GDP • Gross domestic product • Gross value added • GVA • Indian Economy • manufacturing sector • mining and quarrying sector • National Income • service sector
GDP grows at 7.3% in September quarter
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. ..
Topics: Economy of India • Gross domestic product • Gross value added • National accounts