CSO estimates of India GDP Q1
CSO estimates of India GDP Q1
The Central Statistics Office (CSO), Ministry
of Statistics and Programme
Implementation has released the estimates of Gross Domestic Product (GDP) for
the first quarter (April-June) Q1, of 2018-19, both at constant (2011-12) and
current prices, along with the corresponding quarterly estimates of expenditure
components of the GDP.
GDP
at constant (2011-12) prices in Q1 of 2018-19 is estimated at Rs33.74 lakh
crore, as against Rs31.18 lakh crore in Q1 of 2017-18, showing a growth rate of
8.2 percent. Quarterly GVA at basic
price at constant (2011-2012) prices for Q1 of 2018-19 is estimated at Rs31.63
lakh crore, as against Rs29.29 lakh crore in Q1 of 2017-18, showing a growth
rate of 8.0 percent over the corresponding quarter of previous year.
The
economic activities which registered growth of over 7 percent in Q1 of 2018-19
over Q1 of 2017-18 are manufacturing, electricity, gas, water supply &
other utility services, construction and public administration, defence and
other services. The growth in the agriculture, forestry and fishing, mining and
quarrying, Trade, hotels, transport, communication and services related to
broadcasting and financial, real estate and professional services is estimated
to be 5.3 percent, 0.1 percent, 6.7 percent, and 6.5 percent respectively
during this period.
GDP
at current prices is derived by adding taxes on products net of subsidies on
products to GVA at basic prices. GDP at current prices in Q1 of 2018-19 is
estimated at Rs 44.33 lakh crore, as against Rs 38.97 lakh crore in Q1 of
2017-18, showing a growth rate of 13.8 percent. GVA at Basic Price at current
prices in Q1 of 2018-19, is estimated at Rs 41.02 lakh crore, as against Rs
36.34 lakh crore in Q1, 2017-18, showing an increase of 12.9 percent.
Growth
rates in various sectors are as follows: agriculture, forestry and fishing (7.0
percent), mining and quarrying (18.0 percent), manufacturing (17.7 percent), electricity,
gas, water supply and other utility services (13.2 percent) construction (13.8
percent), trade, hotels, transport and communication (11.7 percent), financial,
real estate and professional services (12.1 percent), and Public
administration, defence and other Services (15.4 percent).
The
next release of quarterly GDP estimate for the quarter July-September, 2018 (Q2
of 2018-19) will be on 30.11.2018. (First published on September 1, 2018)
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