TNPSC Thervupettagam

GDP Growth For 2019 – 2020

January 10 , 2020 1817 days 1067 0
  • National Statistical Office (NSO) of the Ministry of Statistics has released the first advance estimates of the national income.
  • According to that India’s GDP growth during the fiscal 2019-20 is expected at 5% as compared to 6.8% in last year.
  • Agriculture sector is expected to see a growth of 2.8% as compared to 2.9% in the previous year.
  • The growth rate in per capita income is estimated at 4.3% during 2019-20.
  • The Reserve Bank of India in its December policy had revised GDP growth downwards to 5% for 2019-20 from 6.1% in its October policy.

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