GDP grows at 5.7 percent
Signalling a revival in the economy, the government released a data on Friday which showed the country's gross domestic product (GDP) grew by 5.7 percent in the April-June quarter of 2014-15.
"Quarterly GDP at factor cost at constant (2004-2005) prices for Q1 of 2014-15 is estimated at '14.38 lakh crore,as against ` 13.61 lakh crore in Q1 of 2013-14, showing a growth rate of 5.7 per cent over the corresponding quarter ofprevious year," a statement released by the Ministry of Statistics & Programme Implementationsaid.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
