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    Is India's economic growth for real? Take a look at key numbers

    Synopsis

    Better-than-expected GDP growth of 7.9% in the last quarter of FY16 and 7.6% in the full year, in line with estimates, makes for a robust economic narrative.

    ET Bureau
    Better-than-expected GDP growth of 7.9% in the last quarter of FY16 and 7.6% in the full year, in line with estimates, makes for a robust economic narrative. As for on-the-ground evidence of such growth, high frequency indicators such as electricity generation, fuel consumption, personal loans, commercial vehicle sales, bitumen use and cement volume are expanding at 10-20% - all of which point to a rise in economic activity. Ashutosh R Shyam & Rajesh N Naidu of the ET Intelligence Group take a look at the key numbers:

    Image article boday

    Image article boday


    Image article boday








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