As per the Ministry of Statistics, gross domestic product (GDP) growth has been estimated at 6.4 per cent for the financial year 2024-25.
It is lower than the 8.2 per cent GDP growth registered in the financial year 2023-24.
Nominal GDP has witnessed a growth rate of 9.7 per cent in FY 2024-25.
The agriculture and allied sector showed improvement with a Real GVA growth estimated at 3.8 per cent in FY25. It is more than the the 1.4 per cent of the last year.
The construction sector’s Real GVA is projected to rise by 8.6 per cent.
The financial, real estate and professional services sector is expected to grow by 7.3 per cent.
Private Final Consumption Expenditure (PFCE) at Constant Prices, has witnessed a growth rate of 7.3% during FY 2024-25 as compared to growth rate of 4.0% in the previous Financial Year.
