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Table 2.1: Gross Value Added at Basic Price (Base Year 2011-12) - at Constant Price               (Rupees crore)
    2023-24 2023-24 2024-25 2024-25    
    Q1 Q2 Q1 Q2   2021-22 2022-23 2023-24
         
1 Agriculture, forestry  & fishing 521648 440989 532092 456279 2170106 2272250 2304982
  (3.7) (1.7) (2.0) (3.5) (4.5) (4.7) (1.4)
2 Industry 1154048 1173870 1250215 1216384 4381807 4474149 4899559
  (6.0) (13.6) (8.3) (3.6) (12.7) (2.1) (9.5)
  2.1 Mining & quarrying 85551 68934 91691 68861 309276 315256 337623
  (7.0) (11.1) (7.2) (-0.1) (6.7) (1.9) (7.1)
  2.2 Manufacturing 639709 687183 684792 701961 2561033 2504663 2751680
  (5.0) (14.3) (7.0) (2.2) (10.1) (-2.2) (9.9)
  2.3 Electricity, gas & water supply and other utility services 94034 97686 103805 100922 317966 347973 374174
  (3.2) (10.5) (10.4) (3.3) (10.5) (9.4) (7.5)
  2.4 Construction 334754 320067 369927 344640 1193532 1306256 1436081
  (8.6) (13.6) (10.5) (7.7) (21.3) (9.4) (9.9)
3 Services 2136301 2227615 2290427 2385035 7324926 8058501 8669210
  (10.7) (6.0) (7.2) (7.1) (9.0) (10.0) (7.6)
  3.1 Trade, hotels, transport and communication 645039 707675 681942 750198 2480380 2777723 2955767
       and services related to broadcasting (9.7) (4.5) (5.7) (6.0) (14.9) (12.0) (6.4)
  3.2 Financing, insurance, real estate & professional services 1017115 1011847 1089219 1080051 3122847 3405474 3691645
  (12.6) (6.2) (7.1) (6.7) (5.5) (9.1) (8.4)
  3.3 Public administration, defence and other services 474148 508093 519267 554786 1721699 1875304 2021798
  (8.3) (7.7) (9.5) (9.2) (7.6) (8.9) (7.8)
4 Gross Value Added at Basic Price 3811997 3842473 4072734 4057697 13876840 14804901 15873751
  (8.3) (7.7) (6.8) (5.6) (9.4) (6.7) (7.2)
5 Net Taxes on Products 279486.1947 343306.1231 290997.8478 352625.5097 1145006 1266528 1507971
  (7.9) (12.7) (4.1) (2.7) (13.9) (10.6) (19.1)
  Gross Domestic Product (GDP) (4+5) 4091484 4185779 4363732 4410323 15021846 16071429 17381722
  (8.2) (8.1) (6.7) (5.4) (9.8) (7.0) (8.2)
  1. Figures in brackets represent y-o-y growth in percentages        2. (1 crore = 10 million)   2021-22 : 2nd Revised Estimates, 2022-23 : 1st Revised Estimates
  Source: Central Statistics Office (CSO); compiled by EPW Research Foundation         2023-24 : Provisional  Estimates  
Our online database `EPWRF India Time Series’, covers as many as 38 vital statistics on the Indian economy. These statistics can be accessed through our website http://www.epwrfits.in.