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  • E Gross Domestic Product

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    Madhur Malik
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    India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, and a multitude of services. Services are the major source of economic growth, accounting for more than half of India's output with less than one third of its labor force. The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points.

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    e Gross Domestic Product

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    India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, and a multitude of services. Services are the major source of economic growth, accounting for more than half of India's output with less than one third of its labor force. The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points.

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    15 views1 page

    E Gross Domestic Product

    Uploaded by

    Madhur Malik
    India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, and a multitude of services. Services are the major source of economic growth, accounting for more than half of India's output with less than one third of its labor force. The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points.

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    Attribution Non-Commercial (BY-NC)
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    of 1

    e Gross Domestic Product (GDP) in India expanded at an

    annual rate of 8.60 percent in the last quarter. India Gross


    Domestic Product is worth 1296 billion dollars or 2.09% of
    the world economy, according to the World Bank. India's
    diverse economy encompasses traditional village farming,
    modern agriculture, handicrafts, a wide range of modern
    industries, and a multitude of services. Services are the
    major source of economic growth, accounting for more than
    half of India's output with less than one third of its labor
    force. The economy has posted an average growth rate of
    more than 7% in the decade since 1997, reducing poverty by
    about 10 percentage points. This page includes: India GDP
    Growth Rate chart, historical data and news.

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