Govt pegs FY14 growth rate at 4.9%
Zee Media Bureau
New Delhi: Government on Friday pegged economic growth rate for 2013-14 at 4.9 percent against 4.5 percent in 2012-13.
According to data released by the Central Statistics Office (CSO), the growth in GDP during 2013-14 is estimated at 4.9 percent as compared to the growth rate of 4.5 percent in 2012-13.
The sectors which registered growth rate of over 5 percent were, 'financing, insurance, real estate and business services', 'community, social and personal services' and ‘electricity, gas & water supply.
The growth in the ‘agriculture, forestry and fishing’, ‘manufacturing’ ‘mining and quarrying’, ‘construction’ and ‘trade, hotels, transport and communication’ is estimated to be 4.6 percent, (-) 1.9 percent, 1.7 percent, and 3.5 percent respectively.