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Key Economic Indicators
June 7 , 2019
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- The growth rate of India's Gross Domestic Product (GDP) fell from 7.2 per cent in Financial Year (FY) 2017-18 to 6.8 per cent in FY 2018-19.
- Poor performance in agriculture and manufacturing sectors are considered as the reasons for this slow down.
- In January-March 2018-2019 quarter, the GDP growth slowed down to 5.8%.
- This is the slowest growth rate since 2014-15.
- Central Statistics Office also released the unemployment rate data.
- It stood at a 45 year high of 6.1%.
- The fiscal deficit data released by the Controller General of Accounts (CGA) stood at 3.39 percent of GDP (Rs. 6.45 lakh crores).
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