Search For "gross value added"
India's GDP growth to moderate to 7.2% in Q3FY26: ICRA
Updated : 3 weeks ago IST
ICRA estimates the YoY growth in the services gross value added (GVA) to moderate to 7.8% in Q3 2025-26 from 9.2% in Q2 2025-26, dampened by lower expansion in Government spending and services exports. After the frontloading seen in H1 2025-26 (+40.0% YoY), the Government of India's (GoI's)
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Economic Survey flags services as backbone of growth, urges skills and inn
Updated : 1 month, 2 weeks ago IST
India's services sector continues to be the main driver of economic growth, contributing over half of the country's Gross Value Added (GVA) and playing a critical role in employment generation, exports, and investment, noted the Economic Survey laid in Parliament by Finance Minister Nirma
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India will become $10 trillion economy over next decade, GCCs to contribut
Updated : 8 months ago IST
Global Capability Centers have the potential to contribute USD 0.5 trillion as gross value added to the Indian economy when the country's GDP edges towards USD 10 trillion, employing about 20-25 million people, Gunjan Samtani, Co-Chairman of Goldman Sachs in India, said on Monday.
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India's manufacturing sector's contribution to GVA will surge to 21 pc by
Updated : 1 year, 2 months ago IST
The manufacturing sector in the country is poised for significant growth, with its contribution to the Gross Value Added (GVA) expected to rise from the current 14 per cent (USD 459 billion) to 21 per cent (USD 1,557 billion) by 2032.
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India's GDP growth expected to move closer to trend growth of 6.5-7 per ce
Updated : 1 year, 2 months ago IST
While the post-pandemic period saw a sharp rebound and significant variations in GDP growth, these irregularities are now settling down, signalling a return to stability
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Manufacturing jobs up 7.6 pc, wages rise 5.5 pc in FY-23: FM Sitharaman ha
Updated : 1 year, 5 months ago IST
Union Finance Minister Nirmala Sitharaman hailed the recently reported remarkable surge in manufacturing jobs and wages for workers in FY-23. As per a government survey, manufacturing jobs have risen by 7.6 per cent and wages saw a 5.5 per cent boost in FY-23.
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"Make in India played tremendous role in latest GVA numbers": Union Minist
Updated : 1 year, 5 months ago IST
Union Minister of Commerce and Industry, Piyush Goyal, on Monday, said that the "Make in India" initiative has significantly contributed to the positive trends reflected in the latest gross value added (GVA) figures.
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"Make in India played tremendous role in latest GVA numbers": Union Minist
Updated : 1 year, 5 months ago IST
Union Minister of Commerce and Industry, Piyush Goyal, on Monday, said that the "Make in India" initiative has significantly contributed to the positive trends reflected in the latest gross value added (GVA) figures.
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Union Minister Rajiv Ranjan Singh to chair monsoon meet on animal husbandr
Updated : 1 year, 6 months ago IST
The event will be inaugurated by Chief Minister Mohan Charan Majhi as the Chief Guest, with Deputy Chief Minister of Odisha, Pravati Parida, as the Special Guest. Ministers of State, Prof. S.P. Singh Baghel and George Kurian, along with senior department officials, are also expected to parti
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India's GDP growth to moderate at 6.7 pc in Q1 FY25 amid industry downturn
Updated : 1 year, 6 months ago IST
Ahead of the official release of the first quarter GDP growth numbers for FY25 on August 30, a report by the Union Bank suggests the GDP rate to be moderated at around 6.7 per cent.
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Unorganised sector contracted 0.2 pc since FY16, claims Jairam Ramesh citi
Updated : 1 year, 8 months ago IST
"Unorganised sector contributes 44+% to India's Gross Value Added (GVA). The unorganised sector grew at 7.4% Compound Annual Growth Rate (CAGR) between FY11 and FY16, but has suffered an average yearly contraction of 0.2% since then," the senior Congress leader said.
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SBI Research recommends separate PLI Scheme for MSMEs
Updated : 1 year, 8 months ago IST
The Production Linked Incentive (PLI) scheme has been instrumental in augmenting India's manufacturing capacity by attracting fresh investments and facilitating substantial economic activity.
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