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India's GDP grows by more than seven percent

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IANS New Delhi
Last Updated : May 29 2015 | 5:57 PM IST

The Indian economy grew by more than seven percent in 2014-15 from the 4.7 percent increase in the previous fiscal, government data showed on Friday.

The gross domestic product (GDP) which is a measure of the total value of goods and services produced in the country broke the sub-five percent growth rate barrier after the last two consecutive years.

In 2012-13 the GDP climbed-up by 4.5 percent.

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First Published: May 29 2015 | 5:42 PM IST

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