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India's GDP growth rate for 2019-20 revised downwards to 4% from 4.2%

Under the first revision released in January 2020, real GDP or GDP at constant (2011-12) prices for 2018-19 was pegged at Rs 139.81 trillion, showing a growth of 6.1 per cent

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Per capita income i.e. per capita net national income at current prices is estimated at Rs 1,25,883 and Rs 1,34,186, respectively, for 2018-19 and 2019-20

Press Trust of India New Delhi

2 min read Last Updated : Jan 29 2021 | 11:56 PM IST

The government on Friday revised downwards the economic growth rate for 2019-20 to 4 per cent from 4.2 per cent estimated earlier, mainly due to contraction in secondary sectors like manufacturing and construction.

“Real GDP or GDP at constant (2011-12) prices for the years 2019-20 and 2018-19 stands at Rs 145.69 trillion and Rs 140.03 trillion, respectively, showing a growth of 4.0 per cent during 2019-20 and 6.5 per cent during 2018-19,” National Statistical Office said in revised national account data.

Under the first revision released in January 2020, real GDP or GDP at constant (2011-12) prices for 2018-19 was pegged at

Topics : India GDP growth Indian Economy economic growth Gross domestic product

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