Lok Sabha Question No. 791 (UNSTARRED), answered on 2017-12-20
Subject: Gross Domestic Product
Ministry: STATISTICS AND PROGRAMME IMPLEMENTATION
Asked by: SAKSHI SWAMI MAHARAJ

## GOVERNMENT OF INDIA

## MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

## LOK SABHA

## UNSTARRED QUESTION NO. 791

## TO BE ANSWERED ON WEDNESDAY, THE 20 th  DECEMBER, 2017

## GROSS DOMESTIC PRODUCT

## 791. DR. SWAMI SAKSHIJI MAHARAJ:

Will the Minister of STATISTICS AND PROGRAMME IMPLEMENTATION be pleased to state:

- (a) whether data released by the Government about Gross Domestic Product  (GDP)  do  not  match  with  the  actual  condition  of  the economy and if so, the details thereof and the reasons therefor;
- (b) the growth rate of services, manufacturing, mining and agricultural sector respectively during the last three quarters;
- (c) whether  the  Government  admits  that  it  has  failed  in  increasing the  actual  growth  rate  of  the  economy  and  if  so,  the  reasons therefor; and
- (d) the details of actual GDP growth for financial year 2016-17 in the country, quarterly?

## ANSWER

MINISTER OF STATE IN THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION AND MINISTER OF STATE  IN THE MINISTRY OF PARLIAMENTARY AFFAIRS (SHRI VIJAY GOEL)

- (a):
- No, Madam.
- (b): As per the  latest  press  releases  of  the  Central  Statistics  Office (CSO),  the  growth  rates,  measured  in  terms  of  growth  of  Gross Value Added (GVA), of services, manufacturing, mining (including quarrying)  and  agriculture  (including  forestry  &  fishing)  sectors

during  the  last  three  quarters  at  constant  (2011-12)  prices  are given below:

| Growth rate of GVA as compared to same quarter of previous year (%)   | Growth rate of GVA as compared to same quarter of previous year (%)   | Growth rate of GVA as compared to same quarter of previous year (%)   | Growth rate of GVA as compared to same quarter of previous year (%)   |
|-----------------------------------------------------------------------|-----------------------------------------------------------------------|-----------------------------------------------------------------------|-----------------------------------------------------------------------|
| Industry                                                              | January- March 2016- 17                                               | April-June 2017-18                                                    | July-Sep 2017-18                                                      |
| Services                                                              | 7.2                                                                   | 8.7                                                                   | 7.1                                                                   |
| Manufacturing                                                         | 5.3                                                                   | 1.2                                                                   | 7.0                                                                   |
| Mining (including quarrying)                                          | 6.4                                                                   | -0.7                                                                  | 5.5                                                                   |
| Agriculture (including forestry & fishing)                            | 5.2                                                                   | 2.3                                                                   | 1.7                                                                   |

- (c):    No, Madam.
- (d): As per the latest press releases of the Central Statistics Office, percentage  growth  rates  of  GDP  in  the  first,  second,  third  and fourth quarters of 2016-17 at constant (2011-12) prices were 7.9, 7.5, 7.0 and 6.1 respectively.

*****