ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Macroeconomic Indicators (17 December 2011)

India's real GDP growth touched a low of 6.9% during Q2 of 2011-12, after the 5.6%-6.4% range seen during the last two quarters of 2008-09 and the first quarter of 2009-10. Though services grew at a robust 9.3%, both agriculture and allied activities and industry recorded only 3.2% growth. Within industry, mining and quarrying actually showed a decline of 2.9%. Following the growth of only 7.7% in the first quarter, hopes of a GDP growth of more than 8% in 2011-12 have been dampened.

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