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Ministry of Statistics & Programme Implementation

Second Advance Estimates of National Income, 2019-20 and Quarterly Estimates of Gross Domestic Product for the Third Quarter (Oct-Dec), 2019-20

Posted On: 28 FEB 2020 5:30PM by PIB Delhi

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the Second Advance Estimates of National Income, 2019-20 as well as Quarterly Estimates of GDP for the quarter October-December (Q3), 2019-20 along with the corresponding quarterly estimates of expenditure components of GDP both at Constant (2011-12) and Current Prices.

 

2.         The Second Advance Estimates for 2019-20 has been released in accordance with the release calendar of National Accounts. Quarterly Estimates of previous years along with the first and second quarter estimates of 2019-20 released earlier have undergone revision in accordance with the revision policy of National Accounts.

 

3.         The approach for compiling the advance estimates is based on Benchmark-Indicator Method. The sector-wise estimates are obtained by extrapolation of indicators like (i) Index of Industrial Production (IIP) of first 9 months of the financial year, (ii) financial performance of Listed Companies in the Private Corporate Sector available upto quarter ending December, 2019 (iii) Second Advance Estimates of Crop Production, (iv) Accounts of Central & State Governments, besides information on indicators like Deposits & Credits, Passenger and Freight Earnings of Railways, Passengers and Cargo Handled by Civil Aviation, Cargo Handled at Major Sea Ports, Sales of Commercial Vehicles etc., available for first 9/10 months of the financial year. With the introduction of Goods and Services Tax (GST) from 1st July 2017 and consequent changes in the tax structure, the total Tax Revenue used for GDP compilation includes Non-GST Revenue and GST Revenue. For obtaining Taxes on Products at Constant Prices, volume extrapolation is done using volume growth of taxed goods and services and aggregated to get the total volume of taxes. Annual forecast of indicators which are available for first 9/10 months is based on regression using seasonal dummies to account for seasonal fluctuations. Some indicators like IIP have been compiled by dividing the cumulative value for the first 9 months of the current financial year by average of ratio of cumulative value of first 9 months to the annual value of past years.

 

4.        Real GDP or Gross Domestic Product (GDP) at Constant (2011-12) Prices in the year 2019-20 is estimated to attain a level of ₹ 146.84 lakh crore, as against the First Revised Estimate of GDP for the year 2018-19 of ₹ 139.81 lakh crore, released on 31st January 2020. The growth in GDP during 2019-20 is estimated at 5.0 percent as compared to 6.1 percent in 2018-19.

 

5.         GDP at Current Prices in the year 2019-20 is estimated to attain a level of ₹ 203.85 lakh crore, as against ₹ 189.71 lakh crore in 2018-19, showing a growth rate of 7.5 percent.

 

6.         The Per Capita Income in real terms (at 2011-12 Prices) during 2019-20 is estimated to attain a level of ₹ 95,706 as compared to ₹ 92,085 in the year 2018-19, giving a growth of 3.9 percent during 2019-20, as against 4.8 per cent in the previous year. The Per Capita Income at current prices during 2019-20 is estimated to be ₹ 134,432, showing a rise of 6.3 percent as compared to 1,26,521 during 2018-19.

 

7.         GDP at Constant (2011-12) Prices in Q3 of 2019-20 is estimated at ₹ 36.65 lakh crore, as against ₹ 35.00 lakh crore in Q3 of 2018-19, showing a growth of 4.7 percent.

 

8.         Changes in the main indicators used in the estimation are listed below:

Major Indicators

Annual

Quarterly

Apr-Dec 2018-19

Apr-Dec 2019-20

Q3 2018-19

Q3 2019-20

Production of Coal

7.9

-3.8

5.1

-4.3

Production of Crude Oil

-3.7

-6.0

-4.3

-6.2

Production of Natural Gas

-0.2

-3.2

1.5

-6.6

Production of Cement

13.9

0.7

12.9

0.6

Consumption of Steel

9.1

3.5

8.2

0.3

Sales of Commercial Vehicles

25.9

-21.1

6.7

-17.3

Cargo Handled at Major Sea Ports

3.8

1.0

1.4

0.1

Cargo Handled at Airports

3.8

-7.5

2.2

-7.2

Passengers Handled at Airports

14.5

1.8

10.7

4.6

Railways

 

    (i) Net Tonne Kilometers

6.9

-3.6

5.7

-4.7

    (ii) Passenger Kilometers

-0.6

-1.1

-2.4

-1.0

Aggregate Bank Deposits

7.9

9.8

8.9

9.7

Aggregate Bank Credits

12.4

9.2

13.9

7.0

CPI General Index

3.7

4.1

2.6

5.8

IIP

 

    (i) Mining

3.1

0.6

2.8

-0.2

    (ii) Manufacturing

4.7

0.5

3.4

-0.3

    (iii) Electricity

6.4

0.7

6.9

-6.0

    (iv) Metallic Minerals

6.6

14.7

6.8

12.4

WPI

 

    (i) Food Articles

-0.8

8.6

-1.7

11.4

    (ii) Minerals

11.8

14.1

17.7

4.3

    (iii) Manufactured Products

4.1

0.2

4.1

-0.7

    (iv) All Commodities

4.7

1.5

4.5

1.0

 

9.         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 Annexure to the press note on estimates of GDP for the second quarter (July-September) of 2017-18 released on 30th November, 2017.

 

10.       Estimates of Gross/Net National Income and Per Capita Income along with GVA at Basic Prices by kind of economic activity, Expenditures on GDP for Second Advance Estimates, Third Quarter (Q3) & April-December Estimates for the years 2017-18, 2018-19 and 2019-20 at Constant (2011-12) and Current Prices, along with percent changes and applicable rates, are given in Statements 1 to 12.

 

11.       The next release of quarterly GDP estimates for the quarter January-March, 2020 (Q4 of 2019-20) and Provisional Annual Estimates for the year 2019-20 will be on 29.05.2020.

 

 

STATEMENT 1: Second Advance Estimates of National Income and Expenditures of GDP, 2019-20

 

( At 2011- 12 Prices)

      

( crore)

(

Item

2017-18

2018-19

2019-20

Percentage change over previous year

S.No

 

( 2nd RE )

(1st RE)

(2ndAE)

2018-19

2019-20

 

Domestic Product

 

 

 

 

1

GVA at Basic Prices

12,074,413

12,803,128

13,434,606

6.0

4.9

2

Net Taxes on Products

1,100,747

1,178,298

1,249,229

7.0

6.0

3

GDP (1+2)

13,175,160

13,981,426

14,683,835

6.1

5.0

4

NDP

11,686,409

12,372,051

12,995,082

5.9

5.0

 

Final Expenditures

 

 

 

 

 

5

PFCE

7,379,819

7,908,057

8,330,242

 

 

6

GFCE

1,343,222

1,478,565

1,623,700

 

 

7

GFCF

4,061,195

4,460,967

4,433,674

 

 

8

CIS

215,795

264,415

270,122

 

 

9

Valuables

192,661

169,734

192,629

 

 

10

Exports of Goods and Services

2,601,777

2,922,543

2,866,580

 

 

11

Imports of Goods and Services

3,078,132

3,342,777

3,159,868

 

 

12

Discrepancies

458,823

119,923

126,756

 

 

13

GDP

13,175,160

13,981,426

14,683,835

 

 

 

Rates to GDP

 

 

 

 

 

14

PFCE

56.0

56.6

56.7

 

 

15

GFCE

10.2

10.6

11.1

 

 

            16

GFCF

30.8

31.9

30.2

 

 

17

CIS

1.6

1.9

1.8

 

 

18

Valuables

1.5

1.2

1.3

 

 

19

Exports of Goods and Services

19.7

20.9

19.5

 

 

20

Imports of Goods and Services

23.4

23.9

21.5

 

 

21

Discrepancies

3.5

0.9

0.9

 

 

22

GDP

100.0

100.0

100.0

 

 

 

National Product

 

 

23

GNI

13,029,307

13,829,068

14,522,931

6.1

5.0

24

NNI

11,540,556

12,219,693

12,834,178

5.9

5.0

 Per Capita Income, Product and Final Consumption

 

 

25

Population* (in million)

1314

1327

1341

1.0

1.1

26

Per Capita GDP (₹)

100,268

105,361

109,499

5.1

3.9

27

Per Capita GNI (₹)

99,158

104,213

108,299

5.1

3.9

28

Per Capita NNI(₹)

87,828

92,085

95,706

4.8

3.9

29

Per Capita PFCE(₹)

56,163

59,594

62,120

6.1

4.2

* Relates to mid-financial year

         
                           

 

RE: Revised estimates; AE: Advance Estimates

 

STATEMENT 2: Second Advance Estimates of National Income and Expenditures on GDP, 2019-20

 

( At Current Prices)

 

( crore)

S.No

Item

2017-18

2018-19

2019-20

Percentage change over previous year

 

 

( 2ndRE )

(1st RE)

(2ndAE)

2018-19

2019-20

 

Domestic Product

 

 

 

 

1

GVA at Basic Prices

15,513,122

17,139,962

18,493,686

10.5

7.9

2

Net taxes on products

1,585,182

1,831,275

1,891,073

15.5

3.3

3

GDP (1+2)

17,098,304

18,971,237

20,384,759

11.0

7.5

4

NDP

15,334,357

16,991,613

18,248,783

10.8

7.4

 

Final Expenditures

 

 

 

 

 

5

PFCE

10,090,759

11,254,014

12,279,252

 

 

6

GFCE

1,838,117

2,104,235

2,398,843

 

 

7

GFCF

4,799,139

5,493,320

5,595,778

 

 

8

CIS

251,062

320,076

339,252

 

 

9

Valuables

219,322

200,184

224,006

 

 

10

Exports of Goods and Services

3,211,521

3,766,294

3,804,197

 

 

11

Imports of Goods and Services

3,751,389

4,468,166

4,353,485

 

 

12

Discrepancies

439,775

301,280

96,917

 

 

13

GDP

17,098,304

18,971,237

20,384,759

 

 

 

Rates to GDP

 

 

 

 

 

14

PFCE

59.0

59.3

60.2

 

 

15

GFCE

10.8

11.1

11.8

 

 

16

GFCF

28.1

29.0

27.5

 

 

17

CIS

1.5

1.7

1.7

 

 

18

Valuables

1.3

1.1

1.1

 

 

19

Exports of Goods and Services

18.8

19.9

18.7

 

 

20

Imports of Goods and Services

21.9

23.6

21.4

 

 

21

Discrepancies

2.6

1.6

0.5

 

 

22

GDP

100.0

100.0

100.0

 

 

 

National Product

 

 

 

 

 

23

GNI

16,913,491

18,768,912

20,163,263

11.0

7.4

24

NNI

15,149,545

16,789,288

18,027,287

10.8

7.4

25

GNDI

17,319,231

19,262,652

20,675,229

11.2

7.3

26

NNDI

15,555,285

17,283,028

18,539,253

11.1

7.3

 Per Capita Income, Product and Final Consumption

 

 

27

Per Capita GDP(₹)

130,124

142,963

152,012

9.9

6.3

28

Per Capita GNI (₹)

128,718

141,439

150,360

9.9

6.3

29

Per Capita NNI (₹)

115,293

126,521

134,432

9.7

6.3

30

Per Capita GNDI(₹)

131,805

145,159

154,178

10.1

6.2

31

Per Capita PFCE(₹)

76,794

84,808

91,568

10.4

8.0

                   

RE: Revised estimates; AE: Advance Estimates

 

 

STATEMENT 3: Second Advance Estimates of GVA at Basic Prices by Economic Activity

                                (At 2011-12 prices)  

( crore)

     

Industry

2017-18

2018-19

2019-20

Percentage change over previous year

( 2nd RE )

(1st RE)

( 2ndAE)

2018-19

2019-20

1. Agriculture, Forestry & Fishing

1,828,329

1,872,339

1,940,811

2.4

3.7

2. Mining & Quarrying

366,496

345,069

354,748

-5.8

2.8

3. Manufacturing

2,190,791

2,316,643

2,336,365

5.7

0.9

4. Electricity, Gas, Water Supply & other Utility Services

274,104

296,560

310,275

8.2

4.6

5. Construction

962,009

1,020,314

1,050,533

6.1

3.0

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

2,309,860

2,488,049

2,627,439

7.7

5.6

7.  Financial,  Real Estate  &  Professional  Services

2,609,016

2,786,855

2,989,960

6.8

7.3

8.  Public Administration, Defence  and other Services

1,533,809

1,677,298

1,824,473

9.4

8.8

 GVA  at  Basic Prices

12,074,413

12,803,128

13,434,606

6.0

4.9

               

RE: Revised estimates; AE: Advance Estimates

 

 

STATEMENT 4: Second advance Estimates of GVA at Basic Prices by Economic Activity

(At Current Prices)                                                                                               ( crore)

     

Industry

2017-18

( 2nd RE )

2018-19

(1st RE)

2019-20

( 2ndAE)

Percentage change over previous year

     

2018-19

2019-20

1. Agriculture, Forestry & Fishing

2,796,908

2,922,846

3,254,345

4.5

11.3

2. Mining & Quarrying

357,788

389,322

391,553

8.8

0.6

3. Manufacturing

2,546,608

2,766,767

2,797,232

8.6

1.1

4. Electricity, Gas, Water Supply & other Utility Services

425,101

456,413

475,658

7.4

4.2

5. Construction

1,197,931

1,344,279

1,407,491

12.2

4.7

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

2,812,706

3,142,620

3,381,927

11.7

7.6

7.  Financial,  Real Estate  &  Professional  Services

3,206,559

3,622,130

3,930,234

13.0

8.5

8.  Public Administration, Defence  and other Services

2,169,522

2,495,584

2,855,246

15.0

14.4

 GVA  at  Basic Prices

15,513,122

17,139,962

18,493,686

10.5

7.9

             

 

RE: Revised estimates; AE: Advance Estimates

 

 

 

STATEMENT 5: QUARTERLY ESTIMATE OF GVA AT BASIC PRICES FOR OCTOBER-DECEMBER (Q3) OF 2019-20

(at 2011-12  Prices)

 

GVA  AT BASIC PRICES ( crore)

PERCENTAGE CHANGE OVER PREVIOUS YEAR

Industry

2017-18

2018-19

2019-20

2018-19

2019-20

 

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

1. Agriculture, Forestry & Fishing

411,366

346,486

577,270

427,177

355,283

588,679

439,248

366,429

609,105

3.8

2.5

2.0

2.8

3.1

3.5

2. Mining & Quarrying

95,649

75,002

86,635

88,634

69,723

82,797

92,777

69,890

85,429

-7.3

-7.0

-4.4

4.7

0.2

3.2

3. Manufacturing

507,569

548,729

532,956

561,875

579,649

560,719

574,411

577,184

559,335

10.7

5.6

5.2

2.2

-0.4

-0.2

4. Electricity, Gas, Water Supply & other Utility Services

69,504

69,698

66,968

74,998

76,567

73,338

81,628

79,525

72,817

7.9

9.9

9.5

8.8

3.9

-0.7

5. Construction

234,844

226,098

243,408

249,913

237,907

259,449

263,653

244,863

260,170

6.4

5.2

6.6

5.5

2.9

0.3

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

561,803

544,822

565,597

609,330

587,337

609,595

644,224

621,153

645,479

8.5

7.8

7.8

5.7

5.8

5.9

7.  Financial,  Real Estate  &  Professional  Services

715,262

766,707

562,903

757,850

816,260

599,505

810,500

873,813

643,389

6.0

6.5

6.5

6.9

7.1

7.3

8.  Public Administration, Defence  and other Services

356,199

385,050

400,441

387,589

419,300

432,842

421,191

461,487

474,947

8.8

8.9

8.1

8.7

10.1

9.7

 GVA  at  Basic Prices

2,952,197

2,962,592

3,036,177

3,157,366

3,142,027

3,206,925

3,327,632

3,294,343

3,350,669

6.9

6.1

5.6

5.4

4.8

4.5

 

 

STATEMENT 6: QUARTERLY ESTIMATE OF GVA AT BASIC PRICES FOR (Q3) OCTOBER-DECEMBER OF 2019-20

(at Current Prices)

 

GVA AT BASIC PRICES ( crore)

PER CENTAGE CHANGE OVER PREVIOUS YEAR

Industry

2017-18

2018-19

2019-20

2018-19

2019-20

 

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

1. Agriculture, Forestry & Fishing

614,682

544,703

903,485

655,799

560,416

924,273

710,818

605,633

1,050,517

6.7

2.9

2.3

8.4

8.1

13.7

2. Mining & Quarrying

89,447

69,310

86,182

98,202

80,476

97,355

104,931

76,843

93,683

9.8

16.1

13.0

6.9

-4.5

-3.8

3. Manufacturing

583,784

633,546

620,420

664,844

692,530

673,890

689,566

689,193

667,691

13.9

9.3

8.6

3.7

-0.5

-0.9

4. Electricity, Gas, Water Supply & other Utility Services

106,824

107,304

103,950

113,836

118,456

113,804

124,693

122,490

112,504

6.6

10.4

9.5

9.5

3.4

-1.1

5. Construction

287,451

280,664

305,759

324,955

314,756

345,528

352,015

326,837

350,129

13.0

12.1

13.0

8.3

3.8

1.3

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

672,181

661,102

694,315

758,987

744,890

778,223

825,019

796,270

834,639

12.9

12.7

12.1

8.7

6.9

7.2

7.  Financial,  Real Estate  &  Professional  Services

867,582

944,159

696,275

974,229

1,068,600

785,893

1,063,622

1,147,417

848,187

12.3

13.2

12.9

9.2

7.4

7.9

8.  Public Administration, Defence  and other Services

492,027

544,308

573,664

565,871

623,661

649,806

643,626

718,595

753,376

15.0

14.6

13.3

13.7

15.2

15.9

 GVA  at  Basic Prices

3,713,978

3,785,096

3,984,050

4,156,723

4,203,786

4,368,772

4,514,290

4,483,279

4,710,725

11.9

11.1

9.7

8.6

6.6

7.8

 

STATEMENT 7: QUARTERLY ESTIMATES OF FINAL EXPENDITURES OF GDP FOR OCTOBER-DECEMBER (Q3) OF 2019-20

(at 2011-12  Prices)

 

 

GDP  ( crore)

Rates of GDP (%)

 

Item

2017-18

2018-19

2019-20

2018-19

2019-20

 

 

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

 

  1. Private Final Consumption Expenditure (PFCE)

1,769,688

1,750,056

1,911,901

1,889,008

1,903,853

2,046,415

1,983,491

2,010,993

2,166,235

56.2

55.5

58.5

55.9

55.8

59.1

 

  1. Government Final Consumption Expenditure (GFCE)

362,769

367,882

319,547

393,709

407,780

341,988

428,390

461,585

382,338

11.7

11.9

9.8

12.1

12.8

10.4

 

  1. Gross Fixed Capital Formation    (GFCF)

958,859

967,190

1,014,300

1,082,670

1,077,942

1,130,201

1,129,470

1,033,344

1,071,887

32.2

31.4

32.3

31.8

28.6

29.2

 

  1. Change in Stocks (CIS)

49,996

54,050

52,497

64,131

66,159

63,999

66,411

66,732

64,668

1.9

1.9

1.8

1.9

1.8

1.8

 

  1. Valuables

62,905

46,317

39,512

41,080

44,629

39,252

49,519

49,919

41,824

1.2

1.3

1.1

1.4

1.4

1.1

 

  1. Exports

627,176

639,543

646,620

686,695

719,352

748,505

708,771

703,973

707,407

20.4

21.0

21.4

20.0

19.5

19.3

 

  1. Imports

764,217

724,965

775,281

808,933

860,843

853,085

826,018

780,388

757,896

24.1

25.1

24.4

23.3

21.6

20.7

 

  1. Discrepancies

69,397

132,000

105,705

10,803

73,679

-17,242

7,482

61,000

-11,460

0.3

2.1

-0.5

0.2

1.7

-0.3

 

      GDP

3,136,572

3,232,072

3,314,801

3,359,162

3,432,553

3,500,033

3,547,516

3,607,157

3,665,003

100.0

100.0

100.0

100.0

100.0

100.0

 

GDP (Percentage change over previous year)

 

 

 

7.1

6.2

5.6

5.6

5.1

4.7

 

 

 

 

 

 

 

 

STATEMENT 8:  QUARTERLY ESTIMATES OF FINAL EXPENDITURES OF GDP FOR OCTOBER-DECEMBER (Q3) OF 2019-20

(at Current Prices)

 

GDP (crore)

Rates of GDP (%)

Item

2017-18

2018-19

2019-20

2018-19

2019-20

 

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

Q1

Q2

Q3

  1. Private Final Consumption Expenditure (PFCE)

2,364,495

2,388,433

2,644,908

2,652,987

2,719,933

2,935,849

2,871,998

2,948,205

3,235,532

58.3

58.5

60.9

58.2

59.6

62.4

  1. Government Final Consumption Expenditure (GFCE)

484,130

503,668

444,182

552,100

583,113

491,354

619,082

679,385

575,495

12.1

12.5

10.2

12.6

13.7

11.1

  1. Gross Fixed Capital Formation (GFCF)

1,121,612

1,137,048

1,205,929

1,318,447

1,326,413

1,402,779

1,419,258

1,302,732

1,356,603

29.0

28.5

29.1

28.8

26.3

26.1

  1. Change in Stocks(CIS)

57,553

62,459

61,165

76,913

80,116

77,959

83,631

83,586

80,978

1.7

1.7

1.6

1.7

1.7

1.6

  1. Valuables

73,885

53,325

49,427

47,431

52,875

52,779

54,194

60,388

55,876

1.0

1.1

1.1

1.1

1.2

1.1

  1. Exports

758,515

784,765

817,205

870,374

924,645

983,152

926,505

920,657

962,995

19.1

19.9

20.4

18.8

18.6

18.6

  1. Imports

912,523

877,555

970,030

1,063,713

1,146,295

1,164,360

1,120,801

1,057,499

1,075,289

23.4

24.7

24.2

22.7

21.4

20.7

  1. Discrepancies

59,787

119,978

73,318

96,685

107,030

37,900

77,083

7,590

-3,327

2.1

2.3

0.8

1.6

0.2

-0.1

      GDP

4,007,453

4,172,122

4,326,105

4,551,224

4,647,831

4,817,413

4,930,951

4,945,045

5,188,863

100.0

100.0

100.0

100.0

100.0

100.0

GDP (Percentage change over previous year)

 

 

 

13.6

11.4

11.4

8.3

6.4

7.7

 

 

 

 

 

 

                                                               

 

 

STATEMENT 9: ESTIMATES OF GVA AT BASIC PRICES IN

APRIL-DECEMBER OF 2019-20

(at 2011-12 Prices)

( crore)

Industry

2017-18

( 2nd RE )

2018-19

(1st RE)

2019-20

( 2ndAE)

Percentage change

Over previous year

2018-19

2019-20

1. Agriculture, Forestry & Fishing

1,335,122

1,371,140

1,414,782

2.7

3.2

2. Mining & Quarrying

257,286

241,155

248,096

-6.3

2.9

3. Manufacturing

1,589,254

1,702,243

1,710,930

7.1

0.5

4. Electricity, Gas, Water Supply & other Utility Services

206,170

224,904

233,969

9.1

4.0

5. Construction

704,349

747,269

768,686

6.1

2.9

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

1,672,222

1,806,263

1,910,855

8.0

5.8

7.  Financial,  Real Estate  &  Professional  Services

2,044,872

2,173,614

2,327,701

6.3

7.1

8.  Public Administration, Defence  and other Services

1,141,691

1,239,731

1,357,626

8.6

9.5

 GVA  at  Basic Prices

8,950,966

9,506,318

9,972,644

6.2

4.9

RE: Revised estimates; AE: Advance Estimates

 

STATEMENT 10: ESTIMATES OF EXPENDITURES OF GDP IN

APRIL-DECEMBER OF 2019-20

(at 2011-12 Prices)

( crore)

Item

2017-18

( 2nd RE )

2018-19

(1st RE)

2019-20

( 2ndAE)

Rates of GDP at (%)

2018-19

2019-20

  1. Private Final Consumption Expenditure

5,431,645

5,839,276

6,160,719

56.7

56.9

  1. Government Final Consumption Expenditure

1,050,198

1,143,476

1,272,313

11.1

11.8

  1. Gross Fixed Capital Formation

2,940,349

3,290,813

3,234,701

32.0

29.9

  1. Change in Stocks

156,543

194,289

197,812

1.9

1.8

  1. Valuables

148,734

124,962

141,261

1.2

1.3

  1. Exports

1,913,339

2,154,552

2,120,151

20.9

19.6

  1. Imports

2,264,463

2,522,861

2,364,301

24.5

21.9

  1. Discrepancies

307,102

67,240

57,021

0.7

0.5

      GDP

9,683,446

10,291,748

10,819,676

100.0

100.0

GDP (Percentage change over previous year)

 

6.3

5.1

 

 

RE: Revised estimates; AE: Advance Estimates

 

STATEMENT 11: ESTIMATES OF GVA AT BASIC PRICES IN

APRIL-DECEMBER OF 2019-20

(at Current Prices)

( crore)

Industry

2017-18

( 2nd RE )

2018-19

(1st RE)

2019-20

( 2ndAE)

Percentage change

over previous year

2018-19

2019-20

1. Agriculture, Forestry & Fishing

2,062,870

2,140,489

2,366,968

3.8

10.6

2. Mining & Quarrying

244,939

276,032

275,457

12.7

-0.2

3. Manufacturing

1,837,749

2,031,264

2,046,450

10.5

0.7

4. Electricity, Gas, Water Supply & other Utility Services

318,078

346,097

359,687

8.8

3.9

5. Construction

873,874

985,240

1,028,981

12.7

4.4

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

2,027,598

2,282,100

2,455,927

12.6

7.6

7.  Financial,  Real Estate  &  Professional  Services

2,508,017

2,828,721

3,059,226

12.8

8.1

8.  Public Administration, Defence  and other Services

1,609,999

1,839,338

2,115,598

14.2

15.0

 GVA  at  Basic Prices

11,483,124

12,729,280

13,708,294

10.9

7.7

 

RE: Revised estimates; AE: Advance Estimates

 

STATEMENT 12: ESTIMATES OF EXPENDITURES OF GDP

IN APRIL-DECEMBER OF 2019-20

(at Current Prices)

(crore)

Item

2017-18

( 2nd RE )

2018-19

(1st RE)

2019-20

( 2ndAE)

Rates of GDP at (%)

2018-19

2019-20

  1. Private Final Consumption Expenditure

7,397,835

8,308,770

9,055,735

59.3

60.1

  1. Government Final Consumption Expenditure

1,431,981

1,626,566

1,873,962

11.6

12.4

  1. Gross Fixed Capital Formation

3,464,588

4,047,639

4,078,593

28.9

27.1

  1. Change in Stocks

181,178

234,988

248,196

1.7

1.6

  1. Valuables

176,638

153,086

170,458

1.1

1.1

  1. Exports

2,360,485

2,778,171

2,810,158

19.8

18.7

  1. Imports

2,760,108

3,374,367

3,253,589

24.1

21.6

  1. Discrepancies

253,083

241,614

81,346

1.7

0.5

      GDP

12,505,680

14,016,467

15,064,859

100.0

100.0

GDP (Percentage change over previous year)

 

12.1

7.5

 

 

RE: Revised estimates;         AE: Advance Estimates

 

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