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Economy grew at decade low of 5 percent in 2012/13

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Reuters NEW DELHI
Last Updated : May 31 2013 | 11:16 AM IST

NEW DELHI (Reuters) - India's economy grew 5 percent in 2012/13, its lowest rate in a decade and in line with an official estimate, government data showed on Friday.

Gross Domestic Product grew at 4.8 percent in the quarter ending March 31, the date showed, in line with a poll of analysts by Reuters.

The manufacturing sector grew an annual 2.6 percent during the quarter while farm output rose just 1.4 percent, the data showed.

(Reporting By Rajesh Kumar SIngh; Editing by Frank Jack Daniel)

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First Published: May 31 2013 | 11:02 AM IST

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