GDP rises at higher pace of 4.8% in Q2FY2014

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Capital Market
Last Updated : Nov 30 2013 | 12:15 AM IST

Agriculture sector posts strong growth of 4.6% in Q2FY2014

India's Gross Domestic Product (GDP) increased at improved pace of 4.8% in the quarter ended September 2013 compared to 4.4% growth recorded in the previous quarter.

The economic activities which registered significant growth in Q2 of 2013-14 over Q2 of 2011-12 are 'agriculture, forestry and fishing' at 4.6%, 'electricity, gas and water supply' at 7.7% 'construction' at 4.3%, 'financing, insurance, real estate and business services' at 10.0% and 'community, social and personal services' at 4.2%.

The growth rates in 'mining and quarrying' is estimated at (-) 0.4%, 'manufacturing' at 1.0%, and 'trade, hotels, transport and communication' at 4.0% in this period.

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First Published: Nov 29 2013 | 6:14 PM IST

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