India’s GDP grew 8.4 per cent in 2010-11
31 Jan 2012
India's gross domestic product (at factor cost at constant 2004-05 prices) is estimated to have expanded by 8.4 per cent to Rs48,85,954 crore in the 2010-11 financial year, from Rs45,07,637 crore in 2009-10.
The Indian economy had grown at the same pace in the previous financial year (2009-10) as well, quick estimates released by the Central Statistical Office (CSO) showed.
At current prices, India's GDP is estimated to have grown 17.5 per cent year-on-year to Rs71,57,412 crore in 2010-11, from Rs60,91,485 crore in 2009-10.
The country's gross national income (at factor cost at constant 2004-05 prices) is estimated to have grown 7.9 per cent to Rs48,33,178 crore in 2010-11, from Rs44,79,973 crore in 2009-10.
Gross national income at current prices grew 16.9 per cent to Rs70,78,512 crore in 2010-11, from Rs60,53,585 crore in 2009-10.
The 8.4 per cent growth in GDP during 2010-11 has been achieved due to high growth in the transport and communication, trade, hospitality, construction and financial services sectors.
.jpg "RBI keeps repo rate unchanged as focus remains on inflation")
.jpg "Indian Oil, Panasonic team up for lithium-ion cell production in India")
