Search

Gross domestic product is one of the barometer and reflections on our economic development and economy's dimension. It is the aggregate value of products and services delivered by our nation during one year. The GDP helps the policy makers and RBI to measure whether our economy is diminishing or mounting, whether it needs an enhancement or control and if a risk such as a depression or inflation reflected in the nation. In this article tried to reveals the Indian economic GDP growth rate over the years, to study the GDP contribution by various sectors and to compare the Indian GDP growth rate with other neighbor developing country's GDP rate. The collected data has analyzed and interpreted trough trend analysis and forecasting tool in excel. This study discover that Indian GDP has been fluctuating over the years and GDP contribution from agriculture and industry sector was declined and service sector has been improved during the past years and also India has placed 18th place in GDP growth rate based on the 2018 assessment. [ABSTRACT FROM AUTHOR]