Zee Media Bureau
New Delhi: Indian economy grew at 5.3 percent in July-September quarter of 2014-15 as against 5.7 percent in the previous quarter, government data showed on Friday.
According to the latest estimates available on the Index of Industrial Production (IIP), the index of mining, manufacturing and electricity, registered growth rates of 1.3 percent, 0.1 percent and 9.4 percent, respectively in Q2 of 2014-15.
The economic activities which registered significant growth in Q2 of 2014-15 over Q2 of 2013-14 are ‘electricity, gas and water supply’ at 8.7 percent, ‘construction’ at 4.6 percent, ‘community, social and personal services’ at 9.6 percent and ‘financing, insurance, real estate and business services’ at 9.5 percent.
The growth rates in ‘agriculture, forestry and fishing’ is estimated at 3.2 percent, ‘mining and quarrying’ at 1.9 percent, ‘manufacturing’ at 0.1 percent and ‘trade, hotels, transport and communication’ at 3.8 percent in this period.
