GDP growth lowered 5% to 4.5%
The service sectors of India are facing severe deceleration as there has been only 4.7% of GDP growth in the year 2013-14. The second year has seen 5% growth. Compared to the previous year, there has been only a little growth in the service sector. This is also sharply lower than the 9% growth in [...] Continue Reading »
On account of subdued performance in agriculture, mining and manufacturing, the Government came out with the finding that the economy may have expanded by 4.5 per cent in 2012-13, compared with the earlier estimate of 5 per cent. The GDP, however, has been revised upwards to 6.7 per cent from 6.2 per cent, according to [...] Continue Reading »
