India’s GDP Decreases to 5.3% in July-September Quarter

New Delhi – Indian economy grew 5.3 percent in the third quarter of 2014-15 as against 5.7 percent in the previous quarter, government data showed on Friday.

Published: November 28, 2014 9:30 PM IST

By Editorial

gdp india

gdp india

New Delhi – Indian economy grew 5.3 percent in the third quarter of 2014-15 as against 5.7 percent in the previous quarter, government data showed on Friday.

The economic activities which registered significant growth in Q2 of 2014-15 over Q2 of 2013-14 are electricity, gas and water supply at 8.7 percent, construction at 4.6 percent, community, social and personal services at 9.6 percent and financing, insurance, real estate and business services at 9.5 percent.

The growth rates in agriculture, forestry and fishing is estimated at 3.2 percent, mining and quarrying at 1.9 percent, manufacturing at 0.1 percent and ‘trade, hotels, transport and communication’ at 3.8 percent in this period.

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