Lok Sabha Question No. 3156 (UNSTARRED), answered on 2018-03-14
Subject: GDP Growth
Ministry: STATISTICS AND PROGRAMME IMPLEMENTATION
Asked by: ANSHUL VERMA

## GOVERNMENT OF INDIA

## MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

## LOK SABHA UNSTARRED QUESTION NO.  3156

TO BE ANSWERED ON WEDNESDAY, THE 14 TH  MARCH, 2018

## GDP GROWTH

3156. DR. ANSHUL VERMA:

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

- (a) whether the rate of Gross Domestic Product (GDP) growth in the country has been on a rise and if so, the details thereof;
- (b) the details of the growth rate of services, manufacturing, mining
- and  agriculture  respectively  in  the  last  quarter  i.e.  OctoberDecember, 2017; and
- (c)  the  details  of  the  GDP  growth  of  the  country  during  the  above quarter (October-December, 2017)?

## 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):  As  per  Second  Advance estimates of National Income, 2017-18 and  Quarterly  estimates  of  Gross  Domestic  Product  (GDP)  for  the third Quarter (Q3) of 2017-18 released on 28 th  February, 2018 by the Central  Statistical  Office  (CSO),  quarterly  growth  rates  of    GDP during last one year at constant (2011-12) prices and current prices measured in terms of growth over the same quarter of the previous year, are given below:

| Growth Rate of GDP (%)   | Growth Rate of GDP (%)   | Growth Rate of GDP (%)   | Growth Rate of GDP (%)    | Growth Rate of GDP (%)       |
|--------------------------|--------------------------|--------------------------|---------------------------|------------------------------|
|                          | January 2017- March 2017 | April 2017- June 2017    | July 2017- September 2017 | October 2017 - December 2017 |
| (At 2011-12              | 6.1                      | 5.7                      | 6.5                       | 7.2                          |
| At Current prices        | 10.7                     | 9.2                      | 10.0                      | 11.9                         |

(b)  &  (c):  As  per  the  Second  Advance  estimates  of  National  Income mentioned in part (a) above, Gross Value Added (GVA) growth rates of  services,  manufacturing,  'mining  &  quarrying'  and  'agriculture, forestry  &  fishing'  sectors  along  with  GDP  growth  during  the  last quarter i.e. October- December of 2017-18 at constant (2011-12) and current prices are given below:

| Growth rate as compared to same quarter of previous year(%)   | Growth rate as compared to same quarter of previous year(%)   | Growth rate as compared to same quarter of previous year(%)   |
|---------------------------------------------------------------|---------------------------------------------------------------|---------------------------------------------------------------|
| Industry                                                      | At Constant Prices                                            | At Current Prices                                             |
| Services                                                      | 7.7                                                           | 12.3                                                          |
| Manufacturing                                                 | 8.1                                                           | 10.9                                                          |
| Mining & quarrying                                            | (-) 0.1                                                       | 11.9                                                          |
| Agriculture, forestry & fishing                               | 4.1                                                           | 7.9                                                           |
| GDP                                                           | 7.2                                                           | 11.9                                                          |

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