India's economic growth is at 6.9% for 2004-05

By agencies   |   Thursday, 30 June 2005, 07:00 Hrs
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NEW DELHI: Powered by a 9.2 percent growth in the manufacturing sector, India's economic growth stood at 6.9 percent for 2004-05 fiscal compared to 8.5 percent during the previous financial year.

According to estimates released by the Central Statistical Organization (CSO), the GDP growth rate during the last quarter of 2004-05 stood at 7 percent as against 6.4 percent during the third quarter of 2004-05.

The agriculture growth showed a marginal improvement during January-March quarter growing at 1.8 percent against a negative 0.5 percent growth during the third quarter of 2004-05.

Growth of the agriculture, forestry and fishing sectors grew by 1.1 percent during full 2004-05 fiscal as against 9.6 percent during 2003-04.

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