Categories: Economy

NSO projects India’s GDP growth rate for 2019-20 at 5%

National Statistical Office (NSO) projects India’s GDP growth rate for 2019-20 at 5%. The decline has been mainly on account of deceleration in manufacturing sector growth, which is expected to come down to 2 per cent in 2019-20 from 6.2 per cent in the year-ago fiscal. The deceleration was also witnessed in sectors like agriculture, construction and electricity, gas and water supply.

Important takeaways for all competitive exams:

Minister of State (Independent Charge) of the Ministry of Statistics: Rao Inderjit Singh.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.