Lok Sabha Question No. 229 (STARRED), answered on 2018-01-03
Subject: GDP Growth
Ministry: STATISTICS AND PROGRAMME IMPLEMENTATION
Asked by: ANSHUL VERMA

## GOVERNMENT OF INDIA

## MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

## LOK SABHA

## STARRED QUESTION NO.  * 229

TO BE ANSWERED ON WEDNESDAY, THE 3 RD  JANUARY, 2018

## GDP GROWTH

* 229. DR. ANSHUL VERMA:

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

- (a) the  details  of  the  real  Gross  Domestic  Product  (GDP)  growth  of the country during the last one year on quarterly basis;
- (b) whether the rate of GDP growth in the country has been on  the rise and if so, the details thereof; and
- (c) the growth rate of services, manufacturing, mining and agriculture sectors separately during the last three quarters?

## ANSWER

MINISTER OF STATISTICS AND PROGRAMME IMPLEMENTATION (SHRI D. V. SADANANDA GOWDA)

(a) to (c): A Statement is laid on the table of the House.

Statement referred to in reply to parts (a) to (c) of Lok Sabha Starred Question No.  * 229 for answer on 03/01/2018

- (a)  &  (b):  The  details  of  growth  of  the  real  Gross  Domestic  Product (GDP) of the country at 2011-12 prices for each quarter with reference  to  the  same  quarter  of  the  previous  year  in respect  of  the  latest  four  quarters    for  which  estimates have been released by the Central Statistics Office (CSO), are as follows:

| Quarter                |   Percentage Growth in Real GDP |
|------------------------|---------------------------------|
| October-December 2016  |                             7   |
| January - March, 2017  |                             6.1 |
| April - June, 2017     |                             5.7 |
| July - September, 2017 |                             6.3 |

The  quarterly  GDP  growth  over  the  three  quarters  ending with April to June, 2017 has declined and there was rise in the growth in the quarter, July to September, 2017.

- (c):      The growth rates at sectoral level are estimated in terms of Gross  Value  Added  (GVA)  but  not  in  terms  of  GDP.  The sector-wise GVA growth rates during the last three quarters ending with July to September, 2017 are given below:

| Percentage Growth rate of GVA at 2011-12 prices as compared to same quarter of previous year   | Percentage Growth rate of GVA at 2011-12 prices as compared to same quarter of previous year   | Percentage Growth rate of GVA at 2011-12 prices as compared to same quarter of previous year   | Percentage Growth rate of GVA at 2011-12 prices as compared to same quarter of previous year   |
|------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------|
| Industry                                                                                       | January- March 2017                                                                            | April-June 2017                                                                                | July- September 2017                                                                           |
| 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                                                                                            |

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