FIRST REVISED ESTIMATES OF NATIONAL INCOME

About:

• Gross Domestic Product:
  • Nominal GDP or GDP at current prices for the year 2018-19 is estimated as ₹ 189.71 lakh crore against ₹ 170.98 lakh crore for the year 2017-18, showing a growth of 11.0 % during 2018-19 as compared to 11.1 % during 2017-18.
    
    
  • Real GDP or GDP at constant (2011-12) prices for the year 2018-19 stand at ₹ 139.81 lakh crore showing growth of 6.1 % during 2018-19.
    
    
  
  
  
• Industry-wise Analysis:
  • At the aggregate level, nominal GVA at basic prices has grown by 11.1 % during 2017-18 against 10.5 % during 2018-19.
    
    
  • In terms of real GVA i.e. GVA at constant (2011-12) basic prices, there has been a growth of 6.0 % in 2018-19, as against 6.6 % in 2017-18.
    
    
  • During 2018-19, at constant prices, the growth rates of Primary, Secondary and Tertiary sectors have been estimated as 1.0 %, 6.0 % and 7.7 as against a growth of 5.8 %, 6.5 % and 6.9 %, respectively, in the previous year.
    
    
  
  
  
• Nominal Net National Income (NNI) at current prices for the year 2018-19 stands at ₹ 167.89 lakh crore as against ₹ 151.50 lakh crore in 2017-18, showing growth of 10.8 % during 2018-19 as against 11.2 % in the previous year.
  
  
• Gross National Disposable Income (GNDI) at current prices is estimated as ₹ 63 lakh crore for the year 2018-19 showing a  growth of 11.2 % for year 2018-19.
  
  
• Gross Saving during 2018-19 is estimated at ₹ 57.13 lakh crore against ₹ 55.38 lakh crore during 2017-18. Rate of Gross Saving to GNDI for 2018-19 is estimated at 29.7 % against 32.0 % for 2017-18.
  
  
• Gross Capital Formation (GCF) at current prices is estimated at ₹ 61.09 lakh crore for the year 2018-19 compared to ₹ 58.49 lakh crore during 2017-18. The rate of GCF to GDP is 34.2 % during 2017-18 as against 32.2 % in the 2018-19.