GDP growth rate India 2011: Indian GDP growth rate 2011
Poor output of manufacturing, mining pulls down Q4 GDP to 7.8%
Poor showing by manufacturing and mining sectors pulled down the country`s economic growth to 7.8 percent in the fourth quarter of 2010-11, with the Government saying the declining trend might continue in the current fiscal as well in view of inflationary pressure.
8.5% growth feasible in current fiscal: Montek
Headline inflation would moderate to around 6% by the end of 2011, Montek said.
Inflation could moderate pace of growth: Pranab
Growth would suffer if inflation continues to remain high, FM said.
Slow GDP  may temper policy tightening Slow GDP may temper policy tightening
Low growth rate may prompt RBI to restrict its credit curbs pace, analysts said.


Fact File
By nominal GDP Indian economy is the tenth largest in the world.
India is expected to be the third largest economy in the world by 2035.
India’s labour force of 478 mn of 2010 is the second largest in the world.
As per the latest IMF figures, India is the 5th fastest growing economy.
India currently accounts for 1.5% of world trade as of 2007.
Have Your Say
Time to tame inflation Time to tame inflation
Rising crude prices and food inflation could derail growth in the next fiscal.
opinion poll
Will India achieve 8.5% growth rate in FY12?
It is my estimate that the Indian economy will grow at 8.5 percent in 2011-12. The growth from agriculture may not be so high, but services and industry compensate for that.
- PMEAC Chairman C Rangarajan