Gross fixed capital formation rises to Rs 7.17 lakh crores

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Gross fixed capital formation rises to Rs 7.17 lakh crores
Gross Fixed Capital Formation (GFCF) at current prices has been is estimated at Rs 7.17 lakh crores in Q1 of 2013-14 as against Rs 6.92 lakh crores in Q1 of 2012-13, according to government data.

At constant (2004-2005) prices, the GFCF is estimated at Rs 4.57 lakh crores in Q1 of 2013-14 as against Rs 4.63 lakh crores in Q1 of 2012-13.

In terms of GDP at market prices, the rates of GFCF at current and constant (2004-2005) prices during Q1 of 2013-14 are estimated at 28.6 per cent and 32.6 per cent, respectively, as against the corresponding rates of 29.9 per cent and 33.8 per cent, respectively in Q1 of 2012-13.

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