India s Q4 GDP grows at 7.7%, for entire 2017-18 at 6.7%
Thursday - May 31, 2018 5:50 pm ,
Category : BUSINESS
India s Q4 GDP grows at 7.7%, for entire 2017-18 at 6.7%
New Delhi May 31 (IANS) India s GDP for the fourth quarter of 2017-18 grew at 7.7 per cent official data showed here on Thursday.
The statement said the provisional estimates of national income for the financial year 2017-18 is estimated at 6.7 percent.
The GDP growth during the third quarter of the fiscal was at 7 per cent.
"GDP at 2011-12 prices in the fourth quarter (Q4) of financial year 2017-18 registered growth rate of 7.7 per cent as against 5.6 per cent 6.3 per cent and 7 per cent respectively in the first three quarters Q1 Q2 and Q3 of 2017-18. Rapid growth in agriculture (4.5 per cent) manufacturing (9.1 per cent) and construction sectors (11.5 per cent) contributed to the overall growth " the statement by Ministry of Statistics and Programme Implementation said.
--IANS ag/vm
The statement said the provisional estimates of national income for the financial year 2017-18 is estimated at 6.7 percent.
The GDP growth during the third quarter of the fiscal was at 7 per cent.
"GDP at 2011-12 prices in the fourth quarter (Q4) of financial year 2017-18 registered growth rate of 7.7 per cent as against 5.6 per cent 6.3 per cent and 7 per cent respectively in the first three quarters Q1 Q2 and Q3 of 2017-18. Rapid growth in agriculture (4.5 per cent) manufacturing (9.1 per cent) and construction sectors (11.5 per cent) contributed to the overall growth " the statement by Ministry of Statistics and Programme Implementation said.
--IANS ag/vm
