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India's GDP growth rate for 2019-20: 5% against 6.8% in 2018-19

India GDP growth estimated at 5% for FY20

Shortpedia

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India's GDP growth rate for 2019-20 has been estimated at 5 percent against 6.8 percent in 2018-19, according to the government data. The latest data released by the CSO show that the gross domestic product (GDP) is pegged to grow at 5 percent in FY20, in line with the Reserve Bank of India’s (RBI’s) estimate of 5 percent. The first advance estimate of FY20 gross value added (GVA) growth stood at 4.9%.


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