October-December GDP grows 8.2% YoY: Govt

As per the government data released on February 28, 2011, India's economy grew a slower-than-expected 8.2% in the December quarter from a year earlier.

The manufacturing sector grew 5.6% in October-December from a year earlier, while farm output grew by an annual 8.9%.

India's economy is expected to expand 8.6% in the current fiscal year that ends in March.

At constant (2004-05) prices Quarterly GDP at factor cost at constant (2004-05) prices for Q3 of 2010-11 is estimated at Rs. 12,61,664 crore, as against Rs. 11,66,145 crore in Q3 of 2009-10, showing a growth rate of 8.2 per cent over the corresponding quarter of previous year.

 

Last Update Tuesday 1st March 2011     

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