June 1, 2017 8:21 AM

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GDP grows 6.1% year-on-year during January-March period

Country's Gross Domestic Product (GDP) grew 6(point)1 per cent year-on-year during the January-March period. The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation, released the provisional estimates of national income for the financial year 2016-17 and quarterly estimates of Gross Domestic Product (GDP) for the fourth quarter (January-March) of 2016-17.<br/><br/>The GDP for the full year (2016-17 ) came in at 7.1 per cent in line with official estimate compared to a revised growth figure of 8 per cent in financial year 2016-17. During the quarter, the agriculture, forestry and fishing sectors grew at 5.2 per cent, mining and quarrying at 6.4 per cent, manufacturing at 5.3 per cent, electricity, gas, water supply and other utility services at 6.1 per cent, trade, hotels, transport and communication at 6.5 per cent; financial, real estate and professional services at 2.2 per cent, and public administration, defence and other services at 17 per cent. However, the construction sector shrank 3.7 per cent.<br/><br/>The agricultural sector posted a huge jump in growth as it expanded by 4.9 per cent during 2016-17 compared to dismal growth of 0.7 per cent in the previous year. The data further said the per capita income during 2016- 17 is estimated to have attained a level of 1,03,219 crore rupees as compared to the estimates for the year 2015-16 of 94,130 crore rupees showing a rise of 9.7 per cent.

June 1, 2017 8:12 AM

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GDP grows 6.1% year-on-year during January-March period

Country's Gross Domestic Product (GDP) grew 6(point)1 per cent year-on-year during the January-March period. The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation, released the provisional estimates of national income for the financial year 2016-17 and quarterly estimates of Gross Domestic Product (GDP) for the fourth quarter (January-March) of 2016-17.<br/><br/>The GDP for the full year (2016-17 ) came in at 7.1 per cent in line with official estimate compared to a revised growth figure of 8 per cent in financial year 2016-17. During the quarter, the agriculture, forestry and fishing sectors grew at 5.2 per cent, mining and quarrying at 6.4 per cent, manufacturing at 5.3 per cent, electricity, gas, water supply and other utility services at 6.1 per cent, trade, hotels, transport and communication at 6.5 per cent; financial, real estate and professional services at 2.2 per cent, and public administration, defence and other services at 17 per cent. However, the construction sector shrank 3.7 per cent.<br/><br/>The agricultural sector posted a huge jump in growth as it expanded by 4.9 per cent during 2016-17 compared to dismal growth of 0.7 per cent in the previous year. The data further said the per capita income during 2016- 17 is estimated to have attained a level of 1,03,219 crore rupees as compared to the estimates for the year 2015-16 of 94,130 crore rupees showing a rise of 9.7 per cent.

May 31, 2017 7:30 PM

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GDP grows 6.1% year-on-year during January-March period

Country's Gross Domestic Product (GDP) grew 6.1 per cent year-on-year during the January-March period. The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation, today released the provisional estimates of national income for the financial year 2016-17 and quarterly estimates of Gross Domestic Product (GDP) for the fourth quarter (January-March) of 2016-17.<br/><br/>The GDP for the full year (2016-17 ) came in at 7.1 per cent in line with official estimate compared to a revised growth figure of 8 per cent in financial year 2016-17. During the quarter, the agriculture, forestry and fishing sectors grew at 5.2 per cent, mining and quarrying at 6.4 per cent, manufacturing at 5.3 per cent, electricity, gas, water supply and other utility services at 6.1 per cent, trade, hotels, transport and communication at 6.5 per cent; financial, real estate and professional services at 2.2 per cent, and public administration, defence and other services at 17 per cent. However, the construction sector shrank 3.7 per cent.<br/><br/>The agricultural sector posted a huge jump in growth as it expanded by 4.9 per cent during 2016-17 compared to dismal growth of 0.7 per cent in the previous year. The data further said the per capita income during 2016- 17 is estimated to have attained a level of 1,03,219 crore rupees as compared to the estimates for the year 2015-16 of 94,130 crore rupees showing a rise of 9.7 per cent.

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