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Indian GDP grows 7.3 pct in September quarter

Indian GDP grows 7.3 pct in September quarter

India Blooms News Service | | 30 Nov 2016, 06:13 pm
New Delhi, Nov 30 (IBNS): Indian economy moved up by 7.3 percent during the period between July to September, government data released on Wednesday revealed.

It was faster than the previous quarter which had witnessed 7.1 percent growth.

"GDP at constant (2011-12) prices in Q2 of 2016-17 is estimated at ` 29.63 lakh crore, as against `27.62 lakh crore in Q2 of 2015-16, showing a growth rate of 7.3 percent," read a government statement issued on Wednesday.

"Quarterly GVA at Basic Price at constant (2011-12) prices for Q2 of 2016-17 is estimated at `27.33 lakh crore, as against `25.52 lakh crore in Q2 of 2015-16, showing a growth rate of 7.1 per cent over the corresponding quarter of previous year," it said.

 

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