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GDP growth to fall at 7.1%, estimates govt

GDP growth to fall at 7.1%, estimates govt

India Blooms News Service | | 06 Jan 2017, 05:49 pm
New Delhi, Jan 6 (IBNS): The Indian government on Friday said the country's Gross Domestic Product is estimated to stand at 7.1 per cent as compared to the growth rate of 7.6 per cent in 2015-16.

"Real GDP or Gross Domestic Product (GDP) at constant (2011-12) prices in the year   2016-17 is likely to attain a level of  `121.55 lakh crore, as against the Provisional Estimate of GDP for the year 2015-16 of `113.50 lakh crore, released on 31st May 2016," read a government statement.

"The growth in GDP during 2016-17 is estimated at 7.1 per cent as compared to the growth rate of 7.6 per cent in 2015-16," it said.

 

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