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Tag: National Statistical Office (NSO)

India’s GDP contracts 7.5% in September Quarter

November 28, 2020
GDP
  • The National Statistical Office (NSO) has published the estimates of Gross Domestic Product (GDP) for the second quarter (July-September) Q2 of 2020-21.
  • The GDP at Constant (2011-12) Prices in Q2 of 2020-21 is approximated at Rs 33.14 lakh crore, as against Rs 35.84 lakh crore in Q2 of 2019-20, showing a contraction of 7.5% as compared to 4.4% growth in Q2 2019-20.

NSO projects India’s GDP growth rate for 2019-20 at 5%

January 8, 2020

National Statistical Office (NSO) projects India’s GDP growth rate for 2019-20 at 5%. The decline has been mainly on account of deceleration in manufacturing sector growth, which is expected to come down to 2 per cent in 2019-20 from 6.2 per cent in the year-ago fiscal. The deceleration was also witnessed in sectors like agriculture, construction and electricity, gas and water supply.