Current Affairs - Economy - Discussion

According to the CSO's revised estimates of national income released on January 31, 2018, gross domestic product (GDP) growth rate for 2015-16 stood at 8.2% from the earlier estimates of 8% while for 2016-17, revised GDP growth remained unchanged at 7.1%. For 2015-16, this is the second revised estimate, while for 2016-17, this is the first revised estimate. Revised estimates are arrived at by taking into consideration a wider range of numbers, including employment data.