Explain in brief what is Gross Domestic Product (GDP). Which department carries out the task of measuring the GDP in India?

GDP or Gross Domestic Product is the total value of goods produced and services provided in a country during one year and is used to measure a country’s economy. A central government Ministry collects the data for calculating GDP. With the help of various government departments in the different states and union territories of India, this Ministry collects the necessary data, i.e., the total value of goods produced and services provided to estimate the GDP for India in any given year.


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