Skip to main content

MoneyWorks4Me

Just In: Q2 GDP growth accelerates to 6.3%

30 Nov 2017 Evaluate

In an encouraging development, Gross Domestic Product (GDP), a measure of the country's total economic output, surged by 6.3% for the second quarter ended September, 2017, against three year low of 5.7% growth in the previous three months.

Quarterly Gross Value Added (GVA) at Basic Price at constant (2011-12) prices for Q2 of 2017-18 is estimated at Rs 29.18 lakh crore, as against Rs 27.51 lakh crore in Q2 of 2016-17, showing a growth rate of 6.1% over the corresponding quarter of previous year.