SPA Research has come out with its report on “GDP Growth- Q1FY16”. GDP growth rate stood at 7% in Q1 FY16 with 2011-2012 as base. Comparatively, GDP growth stood at 7.5% in Q4 FY15 and 7.40% in Q1FY15. Gross Value Added at Basic price constant price for Q1 FY16 grew at 7.1%, says the report.
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