India’s economy likely to grow around 5.5% in 2012-13

The Central Statistical Organization may revise figures in its final estimates
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First Published: Fri, Feb 08 2013. 05 51 PM IST
Citing GDP trend data for previous years, the finance ministry statement said the advanced estimates were based on data till November or December, and did not capture the turnaround trend of the economy. Photo: Indranil Bhoumik/Mint
Citing GDP trend data for previous years, the finance ministry statement said the advanced estimates were based on data till November or December, and did not capture the turnaround trend of the economy. Photo: Indranil Bhoumik/Mint
Updated: Fri, Feb 08 2013. 07 35 PM IST
New Delhi: India’s economy is likely to grow at 5.5% or slightly more in the current fiscal ending next month, and the Central Statistical Organization is likely to revise figures in its final estimates, a finance ministry statement said on Friday.
Citing GDP trend data for previous years, the statement said the advanced estimates were based on data till November or December, and did not capture the turnaround trend of the economy.
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First Published: Fri, Feb 08 2013. 05 51 PM IST
More Topics: India | economy | growth | estimates | CSO |
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