explain Indian economy with the help of graph....??
don't give useless answer
Answers
Answer:
Explanation:
The Indian economy grew at 4.5 percent in the second quarter of the current fiscal year as compared to the same quarter of the previous year. This makes it the SIXTH SUCCESSIVE quarter when the country’s gross domestic product (GDP) has shrunk. If the trend continues for one more quarter, it would make for the longest spell in over two decades since quarterly GDP data is available for India. There is a high likelihood of such a scenario fructifying. The data shows why this is the case.
To understand the GDP numbers better, it is crucial to understand the components of the measure. GDP is a sum of four values: government expenditure, consumption, investment and net exports. If the first component of GDP is removed, the value would denote the non-government part of the economy. In the second quarter of the current fiscal, this grew at 3.05 per cent – exactly 150 basis points lower than the overall GDP growth.