India logs 7.9 percent growth in second quarter
November 30th, 2009 - 12:46 pm ICT by IANS ( Leave a comment )New Delhi, Nov 30 (IANS) Signs of an upturn in the Indian economy were reinforced Monday with the official data on the country’s gross domestic product (GDP) suggesting a 7.9 percent growth in the second quarter of this fiscal.
The economy had registered a 6.1 percent growth in the first quarter, taking the cumulative expansion for the first half of the current fiscal to an impressive 7 percent, as per data released by the Central Statistical Organisation (CSO) here.
The bulk of the recovery was led by a 9.2 percent growth in manufacturing, while mining and construction activities also expanded by 9.5 percent 6.5 percent, respectively. But agriculture continued to me a major drag with a mere 0.9 percent growth.
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Tags: agriculture, central statistical organisation, construction activities, first quarter, gdp, gross domestic product, India, indian economy, logs, New Delhi, s gross, second quarter, signs, upturn
