Lok Sabha Question No. 2539 (UNSTARRED), answered on 2018-01-03
Subject: Gross Fixed Capital Formation
Ministry: STATISTICS AND PROGRAMME IMPLEMENTATION
Asked by: RABINDRA KUMAR JENA

## GOVERNMENT OF INDIA

## MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

## LOK SABHA

## UNSTARRED QUESTION NO. 2539

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

## GROSS FIXED CAPITAL FORMATION

## 2539. SHRI RABINDRA KUMAR JENA:

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

- (a) whether the Government maintains quarter-wise data of gross fixed capital formation in Indian economy;
- (b) if so, the details of the six quarters; and
- (c) whether there been a slowdown in the growth of gross fixed capital formation in the last one year or four quarters and if so, the details thereof?

## 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) Yes, Madam.
- (b) As per Central Statistics Office (CSO), estimates of Quarterly Gross Fixed Capital Formation (GFCF) during four quarters of 2016-17 and first two quarters of 2017-18 are given below:
- (c) As per CSO, the quarterly growth rates of GFCF  over the corresponding quarters of previous year are as under:

| Estimates of GFCF (In Rs. Crore) at 2011-12 prices   | Estimates of GFCF (In Rs. Crore) at 2011-12 prices   | Estimates of GFCF (In Rs. Crore) at 2011-12 prices   | Estimates of GFCF (In Rs. Crore) at 2011-12 prices   | Estimates of GFCF (In Rs. Crore) at 2011-12 prices   | Estimates of GFCF (In Rs. Crore) at 2011-12 prices   |
|------------------------------------------------------|------------------------------------------------------|------------------------------------------------------|------------------------------------------------------|------------------------------------------------------|------------------------------------------------------|
| April- June 2016                                     | July- September 2016                                 | October- December 2016                               | January- March 2017                                  | April- June 2017                                     | July- September 2017                                 |
| 912768                                               | 874494                                               | 895740                                               | 919040                                               | 927506                                               | 915211                                               |

| Percentage Growth Rate of GFCF at 2011-12 prices   | Percentage Growth Rate of GFCF at 2011-12 prices   | Percentage Growth Rate of GFCF at 2011-12 prices   | Percentage Growth Rate of GFCF at 2011-12 prices   | Percentage Growth Rate of GFCF at 2011-12 prices   |
|----------------------------------------------------|----------------------------------------------------|----------------------------------------------------|----------------------------------------------------|----------------------------------------------------|
| July- September 2016                               | October- December 2016                             | January- March 2017                                | April- June 2017                                   | July- September 2017                               |
| 3.0                                                | 1.7                                                | -2.1                                               | 1.6                                                | 4.7                                                |

Decline in growth rates of GFCF compared to previous quarter has been  noticed  in  the  quarters,  October  -  December,  2016  and January - March, 2017. The growth rates of GFCF have increased in the subsequent quarters.

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