What happened to india's national income In 2013 to 2015
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Explanation:
Smart farm sector growth spurred India’s economy to grow 4.7 per cent in 2013-14, according to the gross domestic product (GDP) provisional estimates released on Friday. The GDP growth rate in the previous year was a decade-low of 4.5 per cent. This is the second year in a row during which the economy’s growth remained below the 5 percent.
The last time the economic growth rate had pierced the 5-per cent mark was in 1984-85 to 1987-88.
Good harvests in both the seasons lifted farm sector growth to 4.7 per cent for the year. It had grown 1.4 per cent in the previous fiscal. In the three-month period January-March, the farm sector grew 6.3 per cent against 1.6 per cent growth in the same period of 2012-13.
Answer:
Government revises up 2013/14 GDP growth to 6.9 per cent. NEW DELHI: The economic growth rate was today revised upwards to 6.9 per cent for 2013-14, as against 4.7 per cent estimated earlier, after the government updated the base year for measuring national accounts.99.21 lakh crore, released on Jan 30, 2015," the central statistics office (CSO) said in its advance estimates of national income 2014-15. "The growth in GDP during 2014-15 is estimated at 7.4 percent as compared to the growth rate of 6.9 percent in 2013-14," it added.
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