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Would recommend reading from the article.
https://www.bloombergquint.com/business/gdp-growth-for-fy18-revised-higher-to-72
For 2017-18, the first revised estimate for GDP growth now stands at 7.2 percent, compared to the 6.7 percent estimated earlier. Gross Value Added, a preferred measure of economic activity, has been revised to 6.9 percent for 2017-18, compared to 6.5 percent as per the provisional estimates.
For 2016-17, the year demonetisation was announced, GDP growth has been revised higher to 8.2 percent, compared to the earlier estimate of 7.1 percent. This is the second revised estimate for this year.
For 2015-16, GDP growth has seen a moderate revision to 8 percent in the third revised estimate, from 8.2 percent earlier.
The revisions mean that the average growth over the Narendra Modi-led government’s tenure, starting from 2013-14 to 2018-19, now stands at 7.4 percent compared to 7.16 percent as per the provisional estimates for 2017-18 and the first revised estimates for 2016-17.
@Nilgiri @anant_s @Vibrio @Joe Shearer and everyone else
https://www.bloombergquint.com/business/gdp-growth-for-fy18-revised-higher-to-72
For 2017-18, the first revised estimate for GDP growth now stands at 7.2 percent, compared to the 6.7 percent estimated earlier. Gross Value Added, a preferred measure of economic activity, has been revised to 6.9 percent for 2017-18, compared to 6.5 percent as per the provisional estimates.
For 2016-17, the year demonetisation was announced, GDP growth has been revised higher to 8.2 percent, compared to the earlier estimate of 7.1 percent. This is the second revised estimate for this year.
For 2015-16, GDP growth has seen a moderate revision to 8 percent in the third revised estimate, from 8.2 percent earlier.
The revisions mean that the average growth over the Narendra Modi-led government’s tenure, starting from 2013-14 to 2018-19, now stands at 7.4 percent compared to 7.16 percent as per the provisional estimates for 2017-18 and the first revised estimates for 2016-17.
@Nilgiri @anant_s @Vibrio @Joe Shearer and everyone else