The mid-year economic review, tabled in the Parliament today, has projected a growth rate of about 7% for the gross domestic product (GDP) in 2005-06.The mid-year review said agriculture growth was expected to be about 3% supported by foodgrains output of 5% recorded in 2004-05.The review said the services sector has maintained the growthmomentum with 10% rise in the first half of 2005-06 while the industrial sector, particularly the manufacturing sector, had clocked growth of 10.2%.The performance of the mining and electricity sectors fell below expectations, it said, adding the deceleration in the growth of petroleum products, coal and electricity was a cause for concern.
