Good days ahead, says NITI Aayog boss as growth rate touches 7.9%
May 31, 2016 18:57
Arvind Panagariya, vice chairman NITI Aayog tweets: @APanagariya Growth rate in the 4th quarter of 2015-16 at 7.9% almost hits the magical 8% mark. Good days ahead.
The Ministry of Statistics and Propgramme Implementation has released the rate of growth of Indian economy in the quarter of January-March. The GDP growth rate has escalated to 7.9 per cent. This is a sharp 0.6 per cent increase, as compared to the previous quarter of October-December.
The Ministry of Statistics and Propgramme Implementation has released the rate of growth of Indian economy in the quarter of January-March. The GDP growth rate has escalated to 7.9 per cent. This is a sharp 0.6 per cent increase, as compared to the previous quarter of October-December.
The figures indicate a growth in Indian
economy as compared to the growth during the same period in 2015-16 (7.6
per cent) and 2014-15 (7.2 per cent). The surge in growth rate has been
led by the manufacturing sector which has recorded a massive growth of
9.3 per cent, which is nearly 3.8 per cent more as compared to
manufacturing growth in the same period during the past year.
TOP STORIES
© 2024 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Feedback - About us - Terms of use - Grievances