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GDP growth rate for 2018-19 revised downwards to 6.1%

Shortpedia

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The government on Friday revised downwards the economic growth rate for 2018-19 to 6.1 percent from 6.8 percent estimated earlier mainly due to deceleration in mining, manufacturing and farm sectors. "Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at Rs 139.81 lakh crore and Rs 131.75 lakh crore, respectively, showing the growth of 6.1 percent during 2018-19 and 7.0 percent during 2017-18," the National Statistical Office said.