InvestorQ : How many gdp in current india
Rajesh kumar meena made post

How many gdp in current india

3 years ago
The Gross Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually (Source- Wikipedia) definition.
According to the online sources, for Q1 FY 2019-20 India statistics record 2.6 lakh crore USD. This amounted to nearly 5% growth in the economy. However, the growth was expected to 7% but reported a shortfall.

The growth was last seen in the year 2002-03 and has not been seen hence. Below is the IQ link for your broader view over why nominal growth is important: