Indian Economy touched 15-quarter high of 8.2 percent in April-June Quarter of 2018-19 financial year to retain its position as the fastest growing major economy in the World. Whereas, China managed just 6.7 percent in the same quarter.
The GDP in the Q1 of 2018-19 is estimated to be Rs 33.74 lakh crore. In 2017-18, GDP was valued at Rs 31.18 lakh crore during the same period.
GVA (Gross Value Added) for Q1 of 2018-19 is estimated at Rs 31.63 lakh crore as against Rs 29.29 lakh crore in Q1 of 2017-18. A growth rate of 8 percent was recorded.
Experts say, GDP Performance exceeded the estimated 7.5 percent in Q1 of 2018-19 due to strong performance of Manufacturing and Farm Sectors.
The GDP in the Q1 of 2018-19 is estimated to be Rs 33.74 lakh crore. In 2017-18, GDP was valued at Rs 31.18 lakh crore during the same period.
GVA (Gross Value Added) for Q1 of 2018-19 is estimated at Rs 31.63 lakh crore as against Rs 29.29 lakh crore in Q1 of 2017-18. A growth rate of 8 percent was recorded.
Experts say, GDP Performance exceeded the estimated 7.5 percent in Q1 of 2018-19 due to strong performance of Manufacturing and Farm Sectors.