31 January 2014
Central Statistics Office (CSO) said in a statement. "At current prices, GDP in 2012-13 is estimated at Rs.93.9 lakh crore as against Rs.83.9 lakh crore in 2011-12, showing an increase of 11.9% during the year, as against an increase of 15.8% in the previous year," it said.
According to the first revised estimate of national income for 2012-13 released by the Central Statistics Office (CSO), India's gross domestic product (GDP) expanded by 4.5% in real terms. This is the slowest pace of economic expansion in a decade. The country's GDP had expanded by 6.7% in 2011-12.
GDP at factor cost at constant (2004-05) prices in 2012-13 is estimated at Rs.54.8 lakh crore as against Rs.52.5 lakh crore in 2011-12 registering a growth of 4.5% during the year as against a growth of 6.7% in the year 2011-12,