Gross fixed capital formation rises to Rs 7.17 lakh crores

Business

oi-Sunil

By Sunil Fernandes

Published: Saturday, August 31, 2013, 11:16 [IST]

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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