The Big Picture: GDP Drivers
Автор: Sansad TV
Загружено: 2018-09-03
Просмотров: 28404
India's economy grew at 8.2 per cent in the April-June quarter of 2018-19 on strong performance of manufacturing and agriculture sectors, increasing its lead over China to remain the world's fastest growing major economy. The Gross Domestic Product (GDP) at constant prices had grown at 5.6 per cent in the April-June quarter of last fiscal, according to government data released Friday. The previous high quarterly GDP growth was recorded in January-March of 2015-16 at 9.3 per cent. The Chinese economy had expanded at the rate of 6.7 per cent in the April-June period this year. India's Gross Value Added (GVA) for the quarter under consideration has been estimated at 8 per cent, up from 5.6 per cent in the year-ago period. The CSO said that manufacturing activities expand at the rate of 13.5 per cent in the quarter under review. The sector had witnessed a decline of 1.8 per cent in similar period last year.
Anchor- Frank Rausan Pereira
Guest-
Nitin Desai, Former Chief Economic Advisor, GoI
Ashok Kumar Jha, Former Finance Secretary, GoI
S. P. Sharma, Chief Economist, PHD Chamber of Commerce & Industry
Abhinav Prakash, Assistant Professor, University of Delhi
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