India GDP growth in 2018-19 pegged at 7.2 percent - News Summed Up

India GDP growth in 2018-19 pegged at 7.2 percent


India's Gross Domestic Product (GDP) will grow at 7.2 percent in 2018-19, the government has forecast. The estimates also pegged farm sector growth at 3.8 percent, over the 3.4 percent expansion of 2017-18. India's GDP had grown 8.2 percent and 7.1 percent respectively in the first and second quarters of the ongoing financial year. Growth in the manufacturing sector is expected to rise to 8.3 percent from the 5.7 percent of 2017-18. However, India's growing services sector is expected to grow at 7.3 percent, down from 7.9 percent in the previous fiscal.


Source: dna January 07, 2019 13:01 UTC



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