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Just In: India’s Q1 GDP growth slips to 5%

30 Aug 2019 Evaluate

Gross Domestic Product (GDP) growth, a measure of the country's total economic output, came at 5% for the first quarter (Q1) of fiscal year 2019-20, as against 5.8% in the Q4 of FY 2018-19.

Gross value added (GVA) at basic constant (2011-12) prices for Q1 of 2019-20 is estimated at Rs 33.48 lakh crore as against Rs 31.90 lakh crore in Q1 of 2018-19, showing a growth rate of 4.9% over the corresponding quarter of previous year.