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Indianomics: Here's a classroom on how GDP is put together by the CSO

Updated : August 26, 2020 09:54 PM IST

The Q1 GDP numbers will be announced on Monday (August 31). CNBC-TV18 poll shows that the Q1 GDP numbers could come in at almost -20 percent and this with agriculture being the best performer with almost a 5 percent growth.

Manufacturing is seen to have contracted by over 30 percent. In services, the number is varying widely. Under the heading trade, hotels and transport estimates vary from -21 to -50 percent. Again in finance, insurance and real estate the estimates vary from -8 to -30 percent.

To understand how the GDP is calculated, CNBC-TV18 spoke to Aloke Kar, professor at Indian Statistical Institute who has been involved in putting together the GDP at the Central Statistical Organisation (CSO) for many years.
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