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GDP Growth 2017-18: Part 1 (in Hindi)
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Economic Survey 2017-18 is the economic assessment of India and lays down the possible connection with the Budget 2018-19. This lesson is the basic overview of the survey which deals with the statistical data regarding the GDP, GVA, IIP, fiscal management, sectors of economy (agriculture, industry and services) and various aspects like external sector (trade, export, import, current account balance) as well as food production. It deals with the first chapter which is the overview of the survey.

Abhishek Srivastava is teaching live on Unacademy Plus

Abhishek Srivastava
GS faculty and subject matter expert | 4 yrs Teaching Exp.| HiStory, Geog. and Polity courses with interrelation, logic & chronology.

Unacademy user
Jatin sir kal thoda union cabinet approves Rs 3,320 crore for development of infrastucture facilities for judiciary ke bare mein batana why thy do diz .??
slide bilkul bhi clean ni h kuch dikhai ni derha h.
awesome way of teaching sir thanking u sir
sir...kindly make this course in English will be beneficial for the aspirants who don't understand hindi
Sir pls continue the course
sir, could you help me for NABARD ?? especially for Agriculture
  1. Economic Survey 2017-18

  2. An Overview of India's Economic Performance in 2017-18 Part1

  3. ABHISHEK SRIVASTAVA . Category leader at Unacademy . Top educator with more than 2 mn views . Appeared in UPSC CSE Mains twice . Qualified SSC CGL, IBPS PO, IIT JEE . Appeared in RBI Grade B Mains . Courses: o Editorial analysis- Oct,Nov & Dec'17 o News Analysis- Nov & Oct'17 o Crash courses . Polity, Modern, Ancient & Medieval History o Ncert Class VI History Summary o Delhi Sultanate o Essay writing F@abhishek6077

  4. After registering GDP growth of over 7 per cent for the third year in succession in 2016-17, the Indian economy is headed for somewhat slower growth, estimated to be 6.5 per cent in 2017- 18, as per first Advance Estimates released by CSO This is slightly lower than the range of 6.5 per cent to 6.75 per cent being currently projected based on recent developments Even with this lower growth for 2017-18, GDP growth has averaged 7.3 per cent for the period ro which Is mon nom WO That this growth has been achieved in a milieu of . lower inflation, . improved current account balance and notable reduction in the fiscal deficit to GDP ratio makes it all the more creditable In addition to the introduction of GST resolution of problems associated with non-performing assets of the banks, . . further liberalization of FDI, etc., thus strengthening the momentum of reforms After remaining in negative territory for a couple of years, growth of exports rebounded into positive one during 2016-17 and strengthened further in 2017-18. There was an augmentation in the spot levels of foreign exchange reserves to close to US$ 414 billion, as on 12th January 2018 Concerns: growing protectionist tendencies in some countries average crude oil (Indian basket) prices have risen by around 14 per cent so far * Some of these factors could have dampening effect on GDP growth in the coming year. BUT wiith world growth likely to witness moderate improvement in 2018 e expectation of greater stability in GST, . likely recovery in investment levels, and ongoing structural reforms, among others, should be supporting higher growth On balance, country's economic performance should witness an improvement in 2018-19. GDP GROWTH IN 2017-18 With Gross Domestic Product (GDP) growth averaging 7.5 per cent between 2014-15 and 2016-17, India can be rated as among the best performing economies in the world on this parameter Although growth is expected to decline to 6.5 per cent in 2017-18, bringing the 4-year average to 7.3 per cent, the broad story of India's GDP growth to be significantly higher than

  5. most economies of the world does not alter. The growth is around 4 percentage point:s higher than global growth average of last 3 years and nearly 3 percentage points more than the average growth achieved by emerging market & developing economies (EMDE) 2014-15 2015-16 2017-18 Data categories GDP and Related Indicators GDP at constant market prices 2016-17 crore 10536984 11381002 12181854 : 12985363 E 8.0 Growth Kate GVA at constant basic prices Growth Ratc Crore 9719023 10490514 11185440 11871321AE 7.2 33.1 34.4 Gross Savings Gross Capital Formatiorn Per Capita Net National Income (at current prices) Production Food grains Index of Industrial Production (growth) Elcctricity Gencration (growth) Prices WPI Inflation (average CPI (Combined) Infiation (average) External Sector Export Growth (USS) Import Growth (USS) Current Account Balance (CAB)/GDP Foreign Exchange Reserves Average Exchange Rate Money and Credit Broad Money (M3) (annual) Scheduled Commercial Bank Credit (growth) Fiscal Indicators (Centre) Gross Fiscal Deicit Revenue Deficit Primary Deficit % of GDP 32.3 al na % of GDP 33.3 na 1A 80454 94130 103219 111782 Million tonnes 252.0 251.6 275.7 134.7" 14.8 % change 2.9 % change 3.3 % change % change 15.5 12.1 15.0 USS Billion 341.6 360.2 370.0 409.4 USS 61.14 65.46 67.07 64.49 10.9 10.5 % change 9.0 10.9 9.3 % of GDP % of GDP % of GDP 3.2DE 1.988 BE 2.5

  6. Average growth of GDP during 2014-17 (per cent) 7.3 6.9 4.5 3.4 2.0 World Advanced EMDE China India economies As per the first Advance Estimates (1st AE), released by Central Statistics Office (CSO), growth rate of Gross Value of Added (GVA) at constant basic prices is estimated at 6.1 per cent in 2017-18, as compared to 6.6 per cent in 2016-17. This is on account of lower growth in 'Agriculture & allied', and Industry' sector, which are expected to grow at 2.1 per cent and 4.4 per cent respectively. . In 2017-18, service sector is expected to grow at 8.3 per cent, as compared to 7.7 per cent in 2016-17. o growth of Public administration defence & other services' sector is expected to decline in 2017-18 Annual real GVA and GDP growth (per cent)

  7. GVA at basic prices from 014-15 2015-16 2016-17 2017-18 (1st AE) -0.2 7.5 11.7 8.3 0.7 8.8 10.5 10.8 5.0 5.0 9.7 4.9 2.1 4.4 2.9 4.6 7.5 3.6 8.3 Agriculture, forestry & fishing Industry 5.6 Mining & quarrying Manufacturing Electricity, gas, water supply & other utility services Construction 7.9 7.2 Services 9.7 7.7 Tradc, Hotel, Transport, Storage, communication & 10.5 10.8 6.9 7.9 8.0 8.7 7.3 9.4 6.1 6.5 9.0 7.8 services related to broadcasting Financial, real estate & professional services Public administration, defence & other services 11.1 8.1 7.2 7.5 5.7 11.3 6.6 7.1 GVA at basic prices GDP at market prices As per the 1stAE, e the real GDP growth is expected to be 6.5 per cent in 2017-18, while the real GVA at basic prices is expected to register a growth of 6.1 per cent

  8. Mon | 05:51 PM Reviews & Ratings Thank You Vishnu Choure Thank you for the course, we really need it. Please keep doing this great work, I am really fond of your teaching, plain and simple Thank You, Abhishek sir Keep Learning!! Harshita Simple and crisp explanation of the editorial in short time span. Lots of thanks to Abhishek Sir for bringing this course. Time saving and effective. Thanks for all your amazing courses be it crash course in mih, ancient or mediaeval history. TArnika Negi very very useful please continue it.. thanks a lot Darshan Mp loving w,.hank you....kxepr poig