GDP growth estimated at 7.25% during 2018-19: The growth in the gross domestic product (GDP) during 2018-19 is estimated at 7.2 per cent as compared to the growth rate of 6.7 per cent in 2017-18, the ANI reported. Minor jump in exports and buoyant growth in the manufacturing sector are the two factors that are primarily responsible for the growth. While the growth of the farm sector has been pegged at 3.8 per cent, the forecast for the small sector is bleak.

A statement released by the Ministry of Statistics and Programme Implementation said Real GDP or GDP at Constant Prices (2011-12) in the year 2018-19 is likely to attain a level of Rs 139.52 lakh crore against the ‘Provisional Estimate of GDP for the year 2017-18’ of Rs 130.11 lakh crore.

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