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FY20 GDP growth estimate at 5 pc Vs 6.1 pc in 2018-2019

FY20 GDP growth estimate at 5 pc Vs 6.1 pc in 2018-2019

India Blooms News Service | @indiablooms | 28 Feb 2020, 01:02 pm

New Delhi/UNI:  The growth in Gross Domestic Product during 2019-20 is estimated at 5.0 percent as compared to 6.1 per cent in 2018-19, the government said on Friday.

According to the Second Advance Estimates of National Income, 2019-20 released by the Ministry of Statistics & Programme Implementation, ''Real GDP Constant (2011-12) Prices in the year 2019-20 is estimated to attain a level of Rs 146.84 lakh crore, as against the First Revised Estimate of GDP for the year 2018-19 of Rs 139.81 lakh crore, released on January 31, 2020.''

GDP at Current Prices in the year 2019-20 is estimated to attain a level of Rs 203.85 lakh crore, as against Rs 189.71 lakh crore in 2018-19, showing a growth rate of 7.5 percent.

GDP in Quarter three of 2019-20 is estimated at Rs 36.65 lakh crore, as against Rs 35.00 lakh crore in the same quarter of 2018-19, showing a growth of 4.7 per cent.  

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