1.6.15

India's GDP grew 7.3% last year


The Indian economy grew at 7.3% last year as economic activity , led by services and manufacturing sectors, expanded rapidly in the March quarter.
Although the provisional estimates for the fourth quarter peg growth at 7.5%, against China's 7%, doubts linger over the accuracy of the CSO's new measurement technique.
FM Arun Jaitley said the figures showed the economy was in a “recovery mode“ and India had the potential to grow at 8-9% and beyond, but experts were guarded in their opinion.


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