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GDP Growth For 2019 – 2020
January 10 , 2020
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- 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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