Overall Gross Value Added moves up by 3.7 pct in first half of FY23: Economic Survey
New Delhi: The Overall Gross Value Added (GVA) by the Industrial Sector rose 3.7 per cent, based on data available for the first half of the FY23, which is higher than the average growth of 2.8 per cent achieved in H1 of the last decade, stated the Economic Survey 2022-23 presented by the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman in Parliament on Tuesday.
Food Processing sector's GDP contribution grew at AAGP of 11 pc
New Delhi/IBNS: The Gross Value Added (GVA) in Food Processing Industries (FPI) sector has been growing at an Average Annual Growth Rate (AAGR) of around 11.18 per cent in the last five years ending 2019-20, according to Ministry of Food Processing Industries.
Indian economy growth estimated to stand at 6.5 percent in 2017-18
New Delhi, Jan 5 (IBNS): The Indian economy is likely to mark a slow growth 6.5 percent in 201718, government data released on Friday said.
India's GDP growth estimated at 7.1 per cent in 2016-17 compared to 7.6 per cent in 2015-16
New Delhi, Jan 7 (IBNS): India's GDP growth during 2016-17 is estimated at 7.1 per cent compared to the growth rate of 7.6 per cent in 2015-16, reported the Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation, in its First Advance estimates of national income, 2016-17, published on Friday.
Strike to cost up to Rs 18,000 crore to economy; exports too get hurt: ASSOCHAM
New Delhi, Sept 2 (IBNS): With all-India strike by central trade unions affecting trade, transport, key manufacturing facilities and banking services in Kerala, Karnataka, Tripura, Haryana and Uttar Pradesh besides other parts of the country, the loss to the economy is estimated at between Rs 16,000 – Rs 18,000 crore, according to an ASSOCHAM assessment.
India's GDP growth slows to 7.1 pct in first quarter
New Delhi, Aug 31 (IBNS): India's gross domestic product (GDP) slowed down to touch 7.1 per cent in the first quarter of the fiscal, government data released on Wednesday said.