The Economic Survey 2012-13 tabled in Parliament has hoped a good time for economy with a growth if GDP by 6.1-6.7% in the next fiscal from its 5.3 per cent for the current year. Read more
Tag: GDP Growth
Economic Survey 2013: GDP growth by 6.1-6.7%, But What is about Aam Admi?
Budget 2013: FM to table Economic Survey, Here what to expect
After Rail Budget, now the time is of presentation of the Economic Survey 2013-14 which scheduled to table in Parliament House the Lok Sabha by Finance Minister P Chidambaram on Wednesday. Read more
GDP growth slows to 5.3% in July-September quarter
Indian economy growth rate slowed to 5.3% from 6.7% in the July-September second quarter of the current fiscal year 2012-13.
Major reason to slow down of GDP is due to poor performance of manufacturing and agriculture sectors, expected to be just at 1% putting much pressure on govt to implement more reforms and good policies on the July-September quarter.
Earlier, Finance Minister P. Chidambaram announced to grow GDP rate 5.5% in second quarter as in first quarter India’s GDP had grown 5.5%. in the previous Read more
India’s Q1 GDP hits decade low 5.5%
Overcoming the expectations, India’s economy [GDP] has hit the 5.5% mark in the first quarter [Q1]of the present financial year as compared with 8 percent in the last year.
Reports have said that in the first quarter of 2012-13, agriculture increased 2.9 percent as compared to 3.7 percent in the same period of the last year. And, construction activity jumped 10.9 percent as against 3.5 percent in the last fiscal year. Read more