India GDP growth rate hits 7.7% mark; What is good and what is not for Indian economy, find out
The economy, for 2017/18 full fiscal year ended March, grew by 6.7 percent. What did all that translate into in terms of per capita income? Well, in real terms (at 2011-12 prices) during 2017-18, per capita income is estimated to have attained a level of Rs 86,668 as compared to Rs 82,229 for the year 2016-17. This growth rate in per capita income is estimated at 5.4 percent during 2017-18, as against 5.7 percent in the previous year.
The Indian economy grew by a massive 7.7 percent in the fourth quarter of the fiscal - 3 months to March, 2018. This was faster than the 7.0 percent it logged in the previous quarter. Representational Image, source: PTI