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India’s GDP growing at 3% since 2017: Minister

Author: IANS/Thursday, March 29, 2018/Categories: Economy

India’s GDP growing at 3% since 2017: Minister

New Delhi, March 28 - India's share in the world GDP is consistently increasing since 2014 and stood at 3.1% of the global GDP in 2017, Parliament was told on March 28.

As per the information available from World Bank and International Monetary Fund (IMF), the contribution of India to world's Gross Domestic Product (GDP) at current prices in US dollar terms was 2.6% in 2014 which increased to 3.1% in 2017, Minister of State for Finance Pon Radhakrishnan told Rajya Sabha in a written reply.

"As per the available data, this share in 2017 is the highest," he said.

The share was 2.8% in 2015 and 3% in 2016.

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Kavita Giridhar Mallya

IANS

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