Thursday, June 30, 2005
India's economic growth is at 6.9 pc for 2004-05
Press Trust of India
New Delhi, June 30, 2005
Powered by a 9.2 per cent growth in the manufacturing sector, India's economic growth stood at 6.9 per cent for 2004-05 fiscal compared to 8.5 per cent during the previous financial year.
According to estimates released by the Central Statistical Organisation (CSO), the GDP growth rate during the last quarter of 2004-05 stood at 7 per cent as against 6.4 per cent during the third quarter of 2004-05.
The agriculture growth showed a marginal improvement during January-March quarter growing at 1.8 per cent against a negative 0.5 per cent growth during the third quarter of 2004-05.
Growth of the agriculture, forestry and fishing sectors grew by 1.1 per cent during full 2004-05 fiscal as against 9.6 per cent during 2003-04.
© HT Media Ltd. 2005.