The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation,has released the Provisional Estimates of National Income for the financial year 2018-19, both at Constant (2011-12) and Current Prices.These are presented in Statements 1 to 4.

2.         Quarterly Estimates of Gross Domestic Product (GDP) for the fourth quarter (January-March) of 2018-19, both at Constant (2011-12) and Current Prices along with the corresponding quarterly estimates of expenditure components of GDP are also released. The four quarters of a financial year are denoted by Q1, Q2, Q3 and Q4.Estimates including growth rates of Q1, Q2 and Q3 of 2018-19 released earlier have been revised in accordance with the revision policy of National Accounts.GDP at Constant (2011-12) Prices in Q4 of 2018-19 is estimated at `37.20lakh crore, as against `35.15lakh crore in Q4 of 2017-18, showing a growth rate of 5.8 percent. Quarterly estimates for the years 2016-17,  2017-18, and 2018-19 are presented in Statements 5 to 8.

 

3.         GDP growth rates for 2018-19and Q1, Q2,Q3 and Q4 of 2018-19 atConstant (2011-12) and Current Prices are given below:

 

 

I.        PROVISIONAL ESTIMATES OF NATIONAL INCOME, 2018-19

4.         The Second Advance Estimates of National Income for the year 2018-19were released on 28^th February, 2019. These estimates have now been revised incorporating latest estimates of Agricultural Production, Index of Industrial Production(IIP) and performance of key sectors like, Railways, Transport other than Railways, Communication, Banking, Insurance and Government Revenue Expenditure.With the introduction of Goods and Services Tax (GST) from 1^st July 2017 and consequent changes in the tax structure, the total Tax Revenue used for GDP compilation include non-GST Revenue and GST Revenue.Early results on the performance of Corporate Sector for April-December 2018 which were used in The Second Advance Estimates have been revised on the basis of latest available information.

                                                                                                                                

5.         The salient features of these estimates are detailed below:

 

I. (a)  Estimates at Constant (2011-12) Prices

 

Gross Domestic Product

 

     6.    Real GDP or GDP at Constant (2011-12) Prices for the year 2018-19 is now estimated at`140.78lakhcroreshowing a growth rate of 6.8percentover First Revised Estimates of GDPfor the year 2017-18of`131.80lakhcrore, released on 31^st January, 2019.

 

Gross Value Added (GVA)atBasic Prices

7.         Real GVA, i.e, GVA at Basic Constant (2011-12)Prices for the year 2018-19 is now estimated at `129.07 lakh crores showing a growth rate of 6.6percent over First Revised Estimates of GVA for the year 2017-18of`121.04 lakh crore, released on 31^st January, 2019.

 

8.         The sectors which registered growth rate of over 7.0percent are'public administration, defence and other services’ (8.6 percent), construction (8.7 percent), 'financial, real estate and professional services' (7.4 percent), ‘electricity, gas, water supply &other utility services(7.0 percent)’.The growth in the ‘agriculture, forestry and fishing’, ‘mining &quarrying’, ‘manufacturing’and ‘trade, hotels, transport, communication and services related to broadcasting’ isestimated to be 2.9percent, 1.3percent, 6.9 percentand 6.9 percent respectively.

9.         Industry analysis

Agriculture

9.1.      The ‘Agriculture, Forestry and Fishing’ sector has shown a growth rate of 2.9percent as against previous year’s growth rate of 5.0 per cent.The GVA estimates of this sector have been compiled using the provisional estimates(3^rd Advance Estimates of crop production 2018-19)providedby the Department of Agriculture, Cooperation & Farmers Welfare (DAC & FW), Ministry of Agriculture. In case of Livestock sector, estimates of production, mainly in the form of production targets for Milk, Egg, Meat and Wool from the Department of Animal Husbandry & Dairying, and Fish production data from Department of Fisheries (DADF), Ministry of Agriculture & Farmers Welfare have been used.

Mining and Quarrying

 

9.2       The ‘Mining and Quarrying’ sector has shown a growth rate of 1.3 percent as against previous year’s growth rate of 5.1 per cent. The Index of Industrial Production of Mining registered growth of2.8 percent during 2018-19as compared to 2.3 percent during 2017-18. The Private Corporate sector growth in the Mining sector was estimated using the latest available information on major Listed Companies for the financial year 2018-19.Further, growth in WPI of Minerals, Coal, Crude Oil and Natural Gas is estimated at 11.3, 7.3,(-)4.2and (-)1.8 percent respectively during 2018-19  as compared to 8.3,  2.6,  (-)0.9 and 2.4 percent respectively during 2017-18.

Manufacturing

9.3       The growth in the ‘Manufacturing’sector is estimated at 6.9percent as against previous year’s growth rate of 5.9 percent. The Private Corporate sector growth (which has a share of around70 percent in the Manufacturing sector) was estimated from available data of listed companies with BSE and NSE. The Quasi - Corporate and Unorganized segment (which has a share of over 20 percent in the Manufacturing sector) has been estimated using IIP of Manufacturing. The IIP of Manufacturing registered a growth rate of 3.5percent during 2018-19.The Wholesale Price Index (WPI), in respect of the manufactured products registered a growth of 3.7percent during April-March, 2018-19 as compared to 2.7 percent during April-March, 2017-18.

Electricity, Gas, Water Supply and Other Utility Services

 

9.4       GVA at Basic Prices for 2018-19 from ‘Electricity, Gas, Water Supply and Other Utility Services’ sector is estimated at 7.0percent as against previous year’s growth rate of 8.6 percent. The key indicator of this sector, namely,IIP of Electricity registered a growth rate of 5.2 percent during April-March, 2018-19.

Construction

 

9.5       GVA at Basic Prices for 2018-19 from ‘Construction’ sector is estimated at 8.7percent as against previous year’s growth rate of 5.6 percent. Key indicators of Construction sector, namely, production of Cement and consumption of finished Steel registered growth rates of 13.3 per cent and 7.5 percent, respectively, during 2018-19 as compared to 6.3 percent and 7.9 percent respectively, during 2017-18.

Trade, Hotels, Transport, Communication and Services related to Broadcasting

9.6.      GVA at Basic Prices for 2018-19 from this sector is estimated at 6.9percentas against previous year’s growth rate of 7.8 percent. Key indicator used for estimating GVA from Trade sector is the Sales Tax growth. With introduction of GST, Sales Tax data is now subsumed under GST. Therefore, a comparable estimate of turnover based on Sales Tax has been estimated. Methodology of estimation is as explained in the Annex to the press note on estimates of GDP for the second quarter (July-September) of 2017-18 released on 30^th November, 2017. Indicator used for measuring GVA from Hotels and Restaurant sector is the Private Corporate growth in this sector. Among the other Services sectors, the key indicators of Railways, namely, the Net Tonne Kilometres and Passenger Kilometres have shown growth rate of 6.6 per cent and 1.3 percent respectively during 2018-19. In case of other Transport sectors, Passengers Handled by the Civil Aviation, Cargo Handled by the Civil Aviation and Cargo Handled at Major Sea Ports registered growth rates of 11.6 percent, 2.6 percent and 3.0 percent, respectively, during 2018-19. Sales of Commercial Vehicles registered 17.6 percent growth during April-March2018-19.

 

Financial, Real Estate and Professional Services

 

9.7       The sector'Financial, Real Estate and Professional Services' has shown a growth rate of 7.4percent as against previous year’s growth rate of 6.2 percent. Major component of this industry is the Real Estate and Professional Services which has a share of 72.0percent. The key indicators of this sector are the quarterly growth of Corporate sector for Real Estate, Business services and Computer related activities which is estimated from available data from Listed Companies. The key indicators of Banking, namely, Aggregate Bank Deposits and Bank Credits have shown growth of 10.0 percent and 13.3 percent, respectively,during March,2019.

 

Public Administration, Defence and Other Services

 

9.8       The sector ‘Public Administration, Defence and Other Services' has shown a growth rate of 8.6percentas against previous year’s growth rate of 11.9 per cent. The key indicator of this sector namely, Union Government Revenue Expenditure grew by 12.5 percent during this period.

 

Gross National Income

 

10.       The Gross National Income (GNI) at 2011-12 Prices is now estimated at `139.32lakhcroreduring 2018-19, as against the previous year’s estimate of`130.34lakh crore. In terms of growth rates, the Gross National Income is estimated to have risen by 6.9percent during 2018-19, in comparison to the growth rate of 7.2percent in 2017-18.

 

 

Per Capita Income

11.       The Per Capita Income in real terms (at 2011-12 Prices) during 2018-19 is estimated to have attained a level of `92565 as compared to`87,623for the year 2017-18. The growth rate in Per Capita Income is estimated at 5.6percent during 2018-19, as against 5.7 percent in the previous year.

 

Price indices used as deflators

 

12.       The Wholesale Price Index (WPI), in respect of the groups Food Articles, Minerals, Manufactured Products, Electricity and all commodities, has risen by 0.4 percent, 11.3 percent, 3.7 percent, 6.0 percent and 4.3 percent, respectively during April-March, 2018-19. The Consumer Price Index has shown a rise of 3.4 percent during April- March, 2018-19.

I. (b) Estimates at Current Prices

 

Gross Domestic Product

 

13.       GDP at Current Prices for the year 2018-19 is estimated at `190.10lakh crore, showing a growth rate of 11.2 percent over the First Revised Estimates of GDP for the year 2017-18 of `170.95 lakh crore.

 

14.       All sectors,except Agriculture, i.e., ‘Mining & Quarrying’, ‘Manufacturing’, ‘Electricity, Gas, Water Supply and Other Utility Services’, ‘Construction’,‘Trade, Hotels, Transport, Communication and Services Related to Broadcasting’,  'Financial, Real Estate & Professional Services', and 'Public Administration, Defence and Other Services’have registered growth rate of over 9.0 percent and above at Current Prices. 

 

National Income

 

15.       The GNI atCurrent Prices is estimated at `188.17 lakh crore during 2018-19, as compared to `169.10lakh crore during 2017-18, showing a rise of 11.3percent.

 

Per Capita Net National Income

 

16.       The Per Capita Income at Current Prices during 2018-19 is estimated to have attained a level of`1,26,406as compared to the estimates for the year 2017-18 of`1,14,958showing a rise of10.0percent.

 

II        ANNUAL ESTIMATES OF EXPENDITURES OF GDP, 2018-19

 

17.       Along with the ProvisionalEstimates of GDP by economic activity, the NSO is also releasing the estimates of expenditures of the GDP at Current and Constant (2011-12) Prices. These estimates have been compiled using the data on indicators available from the same sources as those used for compiling GVA estimates by economic activity, detailed data available on Merchandise Trade in respect of Imports and Exports, Balance of Payments, and monthly expenditure of Central and State Government. As various components of expenditure on Gross Domestic Product, namely, Consumption Expenditure and Capital Formation, are normally measured at Market Prices, the discussion in the following paragraphs is in terms of Market Prices only.

 

Private Final Consumption Expenditure

 

18.       Private Final Consumption Expenditure (PFCE) at Current Prices is estimated at `112.90lakhcrore in 2018-19as against`100.83lakhcrore in 2017-18. At Constant (2011-12) Prices, the PFCE is estimated at`80.17lakhcrore in 2018-19 as against`74.17lakhcrore in 2017-18. In terms of GDP, the rates of PFCE at Current and Constant (2011-12) Prices during 2018-19 are estimated at 59.4percent and 56.9percent, respectively, as against the corresponding rates of 59.0 percent and 56.3percent, respectively in 2017-18.

 

Government Final Consumption Expenditure

 

19.     Government Final Consumption Expenditure (GFCE) at Current Pricesisestimatedat`21.35lakhcrore in 2018-19 as against`18.86lakh crore in 2017-18. At Constant (2011-12) Prices, the GFCE is estimated at`15.06lakh crore in 2018-19as against `13.79lakh crore in 2017-18. In terms of GDP, the rates of GFCE at Current and Constant (2011-12) Prices during 2018-19are estimated at 11.2percent and 10.7percent, respectively, as against the corresponding rates of 11.0percent and 10.5percent, respectively in 2017-18.

 

Gross Fixed Capital Formation

 

20.       Gross Fixed Capital Formation (GFCF) at Current Prices is estimated at`55.70lakh crore in 2018-19as against`48.97lakh crore in 2017-18. At Constant (2011-12) Prices, the GFCF is estimated at `45.48lakhcrore in2018-19 as against `41.37lakh crore in 2017-18. In terms of GDP, the rates of GFCF at Current and Constant (2011-12) Prices during 2018-19 are estimated at 29.3percent and 32.3percent, respectively, as against the corresponding rates of 28.6percent and 31.4percent, respectively, in 2017-18.

 

21.       Estimates of Gross/ Net National Income and Per Capita Income, along with GVA at Basic Prices by kind of economic activity and the Expenditures of GDP for the years 2016-17, 2017-18 and 2018-19 at Constant (2011-12) and Current Prices are given in Statements 1 to 4.

III      QUARTERLY ESTIMATES OF GDP FOR Q4 (JANUARY-MARCH), 2018-19

 

III.(a)  Estimates at Constant (2011-12) Prices

22.       GDP at Constant (2011-12) Prices in Q4 of2018-19 is estimated at `37.20lakh crore, as against`35.15lakhcrore in Q4 of 2017-18, showing a growth rate of 5.8percent.  GVA at Basic Prices at Constant (2011-12) Prices in Q4 of 2018-19 is estimated at `33.06lakhcrore, as against `31.27lakhcrore in Q4 of 2017-18, showing a growth rate of 5.7percent.

23.       Growth rates in various sectors in Q4 of 2018-19 are as follows: ‘Agriculture, Forestry and Fishing’ (-0.1 percent), ‘Mining and Quarrying’ (4.2percent), ‘Manufacturing’ (3.1percent), ‘Electricity, Gas, Water Supply and Other Utility Services’ (4.3percent) ‘Construction’ (7.1percent), 'Trade, Hotels, Transport and Communication' (6.0percent), 'Financial, Real Estate and Professional Services' (9.5percent), and ‘Public Administration, Defence and other Services' (10.7percent).

24.       According to the latest estimates of IIP, the Index of Mining, Manufacturing and Electricity registered growth rates of 2.2percent, 0.1 percentand 1.5 percent, respectively, in Q4 of 2018-19, as compared to the growth rates of 1.1 percent, 7.5 percent and 6.1 percent, respectively in these sectors in Q4, 2017-18. Performance of corporate sector based on available information from BSE/NSE has been taken into account for compiling quarterly estimates.

 

25.       The key indicators of Railways, namely, the Net Tonne Kilometers and Passenger Kilometers have shown growth rates of 5.8percentand (-)0.5percent,respectively in Q4 of 2018-19, as against the growth rates 7.4 percent and 9.9, in the corresponding period of previous year. In the Transport and Communication sectors, Cargo Handled at Major Ports registered a growth rate of 0.1 percent in Q4 of 2018-19.The Trade, Hotels, Transport, Communication and Services Related to Broadcasting sector have registered a growth of6.0percent inQ4 of 2018-19 as against6.4percent in Q4 of 2017-18.  The sector ‘Public Administration, Defence and Other Services' has shown a growth rate of10.7 percent in Q4 of 2018-19 as against the growth rate of 15.2per cent in 2017-18.

 

26.       The PFCE and GFCF at Constant (2011-12) Prices in Q4 of 2018-19 are estimated at`21.11lakh croreand`11.42lakh crore, respectively. The rates of PFCE and GFCF as percentage of GDP in Q4 of 2018-19were56.8percent and 30.7percent, respectively, as against the corresponding rates of 56.0percent and 31.4percent, respectively in Q4 of 2017-18.

 

III.(b)Estimates at Current Prices

 

27.       GDP at Current Prices in Q4 of 2018-19 is estimated at`50.16lakh crore, as against`45.85lakhcrore in Q4 of 2017-18, showing a growth of9.4percent. GVA at Current Basic Prices in Q4 of2018-19 is estimated at`44.02lakh crore, as against `40.20lakhcrore in Q4 of 2017-18, showing a growth of 9.5percent.Growth rates in various sectors are as follows: ‘Agriculture, Forestry and Fishing’ (3.8percent), ‘Mining and Quarrying’ (9.7percent), ‘Manufacturing’ (5.7percent), ‘Electricity, Gas, Water Supply and Other Utility Services’ (8.8percent) ‘Construction’ (10.3percent), 'Trade, Hotels, Transport and Communication' (9.3percent), 'Financial, Real Estate and Professional Services' (13.3percent), and ‘Public Administration, Defenceand Other Services' (16.3 percent).

 

28.         The PFCE and GFCF at Current Prices in Q4 of 2018-19 are estimated at `29.75lakh crore and `13.99 lakh crore, respectively. The rates of PFCE and GFCF at Current Prices as percentage of GDP in Q4 of 2018-19 are estimated at 59.3percent and 27.9percent, respectively, as against the corresponding rates of 59.0percent and 28.6percent, respectively in Q4 of 2017-18.

 

29.       The Wholesale Price Index (WPI), in respect of the groups, Food Articles, Minerals, Manufactured Products, Electricity and all commodities, has risen by 4.1 percent, 10.0 percent, 2.4 percent, 4.4 percent and 3.0 percent, respectively during Q4 of 2018-19. The Consumer Price Index has shown a rise of 2.5 percent during Q4 of 2018-19.

 

30.       Estimates of GVA at Basic Prices by kind of economic activity and the expenditures of GDP for the four quarters of 2016-17, 2017-18and 2018-19 at Constant (2011-12) and Current Prices, are given in Statements 5 to 8.

 

31.       The next release of quarterly GDP estimate for the quarter April-June, 2019 (Q1 of 2019-20) will be on 30.08.2019.

 

*Relates to mid-financial year

PE: Provisional Estimates

 

PE: Provisional Estimates

STATEMENT 3: Provisional Estimates of GVA at Basic Price by Economic Activity
(At 2011-12 prices)
(` crore)
Industry	2016-17	2017-18	2018-19 (PE)	Percentage change over previous year
				2017-18	2018-19
1. Agriculture, forestry & fishing	1,717,467	1,803,039	1,855,632	5.0	2.9
2. Mining & quarrying	348,089	365,677	370,564	5.1	1.3
3. Manufacturing	2,055,043	2,176,923	2,328,040	5.9	6.9
4. Electricity, gas, water supply & other utility services	246,491	267,720	286,427	8.6	7.0
5. Construction	917,754	969,194	1,053,901	5.6	8.7
6.Trade,hotels,transport,communication and services related to broadcasting	2,145,415	2,312,214	2,471,128	7.8	6.9
7. Financial, real estate  & professional services	2,494,444	2,649,146	2,846,393	6.2	7.4
8. Public administration, defence and Other services	1,394,269	1,560,252	1,694,851	11.9	8.6
GVA at Basic Price	11,318,972	12,104,165	12,906,936	6.9	6.6

 

 

 

PE: Provisional Estimates

 

 

STATEMENT 4: Provisional Estimates of GVA at Basic Priceby Economic Activity
(At Current Prices)
				(` crore)
Industry	2016-17	2017-18	2018-19 (PE)	Percentage change over previous year
				2017-18	2018-19
1. Agriculture, forestry & fishing	2,496,358	2,670,147	2,775,852	7.0	4.0
2. Mining & quarrying	321,872	351,058	410,151	9.1	16.8
3. Manufacturing	2,335,068	2,542,089	2,818,218	8.9	10.9
4. Electricity, gas, water supply & other utility services	353,468	423,089	479,871	19.7	13.4
5. Construction	1,082,466	1,213,628	1,376,293	12.1	13.4
6.Trade,hotels,transport,communication and services related to broadcasting	2,538,268	2,823,263	3,151,709	11.2	11.6
7. Financial, real estate  &professional services	2,911,901	3,252,789	3,666,326	11.7	12.7
8. Public Administration, defence and Other services	1,896,516	2,206,652	2,521,395	16.4	14.3
GVA at Basic Price	13,935,917	15,482,715	17,199,815	11.1	11.1

PE: Provisional Estimates

  

STATEMENT 5: Quarterly Estimates of GVA at Basic Prices for 2018-19

(at 2011-12 prices)
	GVA AT BASIC PRICE (` in crore)																	PERCENTAGE CHANGE OVER PREVIOUS YEAR
	2016-17					2017-18								2018-19				2017-18									2018-19
industry	Q1		Q2	Q3	Q4	Q1		Q2		Q3		Q4		Q1	Q2	Q3	Q4	Q1		Q2		Q3			Q4		Q1			Q2	Q3				Q4
1. Agriculture, forestry & fishing	388,288		326,299	546,003	456,876	404,433		340,906		570,993		486,706		424,869	357,728	586,941	486,094	4.2		4.5		4.6			6.5		5.1			4.9	2.8		-0.1
2. Mining & quarrying	93,238		67,051	82,339	105,461	95,928		74,316		86,013		109,420		96,308	72,681	87,589	113,986	2.9		10.8		4.5			3.8		0.4			-2.2	1.8		4.2
3. Manufacturing	512,135		509,041	487,612	546,255	503,682		545,309		529,731		598,201		564,815	582,672	563,804	616,749	-1.7		7.1		8.6			9.5		12.1			6.9	6.4		3.1
4. Electricity, gas, water supply& other utility ser vices	62,527		62,353	60,849	60,762	67,876		68,063		65,424		66,358		72,437	73,955	70,831	69,204	8.6		9.2		7.5			9.2		6.7			8.7	8.3		4.3
5. Construction	234,904		223,170	232,734	226,947	242,588		233,778		251,259		241,570		265,970	253,699	275,619	258,614	3.3		4.8		8.0			6.4		9.6			8.5	9.7		7.1
6. Trade, hotels, transport &communication and services related to boardcasting	519,889		503,628	522,541	599,355	563,038		545,283		565,916		637,977		606,786	583,123	605,137	676,082	8.3		8.3		8.3			6.4		7.8			6.9	6.9		6.0
7. Financial, real estate& professional Services	675,506		745,385	532,745	540,809	728,068		781,351		569,221		570,505		775,276	836,097	610,435	624,584	7.8		4.8		6.8			5.5		6.5			7.0	7.2		9.5
8. Public administration, defence and Other Services	311,047		354,332	367,202	361,688	357,203		385,640		400,845		416,566		383,990	418,792	431,049	461,020	14.8		8.8		9.2			15.2		7.5			8.6	7.5		10.7
GVA at Basic Price	2,797,534		2,791,258	2,832,025	2,898,152	2,962,815		2,974,645		3,039,403		3,127,303		3,190,452	3,178,747	3,231,406	3,306,332	5.9		6.6		7.3			7.9		7.7			6.9	6.3		5.7
STATEMENT 6:  Quarterly Estimates of GVA at Basic Prices for 2018-19 (at Current Prices)
	GVA AT BASIC PRICE(` in crore)																		PERCENTAGE CHANGE OVER PREVIOUS YEAR
	2016-17						2017-18						2018-19						2017-18									2018-19
industry	Q1	Q2		Q3	Q4		Q1	Q2	Q3		Q4		Q1		Q2	Q3	Q4		Q1		Q2		Q3			Q4		Q1		Q2		Q3		Q4
1. Agriculture, forestry & fishing	568,840		483,020	793,380	651,119		584,658	518,297	865,702		701,489		624,313		539,889	883,641	728,008		2.8		7.3		9.1			7.7			6.8	4.2		2.1		3.8
2. Mining & quarrying	80,839		59,455	75,644	105,933		88,212	67,532	84,138		111,175		104,736		82,344	101,089	121,982		9.1		13.6		11.2			4.9			18.7	21.9		20.1		9.7
3. Manufacturing	576,352		576,182	555,263	627,271		581,965	632,480	619,490		708,154		677,419		705,617	686,820	748,363		1.0		9.8		11.6			12.9			16.4	11.6		10.9		5.7
4. Electricity, gas, water supply& other utility ser vices	87,864		88,651	88,270	88,684		106,304	106,778	103,482		106,525		119,704		124,567	119,667	115,933		21.0		20.4		17.2			20.1			12.6	16.7		15.6		8.8
5. Construction	273,974		262,894	274,735	270,862		298,669	291,897	317,470		305,591		342,766		332,671	363,807	337,049		9.0		11.0		15.6			12.8			14.8	14.0		14.6		10.3
6. Trade, hotels, transport &communication and services related to boardcasting	607,001		594,468	619,004	717,796		675,552	663,613	696,658		787,439		763,514		747,274	780,370	860,552		11.3		11.6		12.5			9.7			13.0	12.6		12.0		9.3
7. financial, real estate& professional Services	783,118		874,168	619,227	635,388		882,221	961,176	703,530		705,863		988,653		1,086,318	791,883	799,472		12.7		10.0		13.6			11.1			12.1	13.0		12.6		13.3
8. Public administration, defence and Other Services	416,607		483,529	502,757	493,623		493,322	545,035	574,126		594,169		560,596		622,830	647,085	690,884		18.4		12.7		14.2			20.4			13.6	14.3		12.7		16.3
GVA at Basic Price	3,394,596		3,422,366	3,528,280	3,590,675		3,710,903	3,786,809	3,964,596		4,020,407		4,181,701		4,241,509	4,374,362	4,402,243		9.3		10.6			12.4		12.0			12.7	12.0		10.3		9.5

 

 

 

 

STATEMENT 7: Quarterly Estimates of Expenditures of GDP for 2018-19

                                              (at 2011-12 prices)

Item					(` crore)																	RATES of GDP (%)
								2017-18									2018-19					2017-18									2018-19
			Q1		Q2			Q3		Q4			Q1		Q2		Q3		Q4			Q1	Q2		Q3			Q4			Q1			Q2						Q3				Q4
1. Private Final Consumption Expenditure (PFCE)			1,783,905			1,757,656			1,907,486		1,968,442		1,914,259			1,929,745		2,061,529		2,111,141		56.4		54.6			58.1		56.0		56.1				56.1			58.9				56.8
2. Government Final Consumption Expenditure			363,763			368,596			320,263		325,941		387,599			408,645		341,126		368,666		11.5		11.5			9.7		9.3		11.4				11.9			9.7				9.9
3. Gross Fixed Capital Formation (GFCF)			989,620			998,232			1,046,238		1,102,482		1,121,028			1,116,240		1,169,021		1,142,162		31.3		31.0			31.8		31.4		32.8				32.4			33.4				30.7
4. Change in Stocks			34,802			37,679			36,602		41,333		38,245			39,454		38,177		41,762		1.1		1.2			1.1		1.2		1.1				1.1			1.1				1.1
5. Valuables			62,728			46,187			39,401		43,804		42,303			45,958		40,421		46,099		2.0		1.4			1.2		1.2		1.2				1.3			1.2				1.2
6. Exports			633,368			647,213			652,539		674,190		697,740			729,297		761,502		745,430		20.0		20.1			19.9		19.2		20.4				21.2			21.8				20.0
7. Less Imports			777,543			754,113			787,035		764,869		863,352			926,895		901,231		866,423		24.6		23.4			24.0		21.8		25.3				26.9			25.7				23.3
8. Discrepancies			71,895			116,016			69,476		123,561		76,175			100,295		-9,524		130,993		2.3		3.6			2.1		3.5		2.2				2.9			-0.3				3.5
GDP			3,162,537			3,217,465			3,284,971		3,514,884		3,413,997			3,442,739		3,501,020		3,719,830		100.0		100.0			100.0		100.0			100.0				100.0			100.0				100.0
GDP  Growth rates			6.0			6.8			7.7		8.1		8.0			7.0		6.6		5.8

 

STATEMENT 8: Quarterly Estimates of Expenditures of GDP for 2018-19

                                             (at Current Prices)

Item			(` crore)							RATES of GDP (%)
				2017-18			2018-19			2017-18				2018-19
		Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
1. Private Final Consumption Expenditure (PFCE)		2,369,633	2,384,867	2,623,498	2,705,121	2,660,328	2,728,197	2,926,848	2,974,654	58.9	57.1	60.9	59.0	58.7	58.3	61.2	59.3
2. Government Final Consumption Expenditure		485,089	504,265	444,841	451,418	541,256	581,902	488,062	523,394	12.1	12.1	10.3	9.8	11.9	12.4	10.2	10.4
3. Gross Fixed Capital Formation (GFCF)		1,160,598	1,176,660	1,247,205	1,312,352	1,358,745	1,367,789	1,444,207	1,399,257	28.8	28.2	28.9	28.6	30.0	29.2	30.2	27.9
4. Change in Stocks		39,809	43,264	42,376	48,441	45,111	46,989	45,737	49,835	1.0	1.0	1.0	1.1	1.0	1.0	1.0	1.0
5. Valuables		73,678	53,176	49,288	42,564	45,964	51,240	51,147	45,641	1.8	1.3	1.1	0.9	1.0	1.1	1.1	0.9
6. Exports		764,061	792,960	821,407	832,118	877,750	932,669	990,617	951,194	19.0	19.0	19.1	18.1	19.4	19.9	20.7	19.0
7. Less Imports		928,583	914,135	983,113	932,688	1,073,071	1,170,093	1,159,618	1,091,152	23.1	21.9	22.8	20.3	23.7	25.0	24.2	21.8
8. Discrepancies		58,703	134,974	65,028	126,131	74,602	140,034	-2,673	163,601	1.5	3.2	1.5	2.8	1.6	3.0	-0.1	3.3
GDP		4,022,988	4,176,031	4,310,530	4,585,456	4,530,685	4,678,727	4,784,328	5,016,424	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0
GDP  Growth rates		10.7	11.4	11.5	11.5	12.6	12.0	11.0	9.4

 

 

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