rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Core sector growth slows down

Core sector growth slows down

Last updated on: May 31, 2013 21:04 IST

Core sector growth slows down

More

Reflecting subdued economic sentiments, the growth slipped to decade's low of 5 per cent in 2012-13, though improvement in fiscal deficit figures provided some relief to the government, which is battling slowdown.

Meanwhile, the data on eight key infrastructure industries revealed that their growth slowed to 2.3 per cent in April, as against 5.7 per cent in the year-ago period, mainly due to contraction in crude oil, natural gas and fertiliser output.




Tags:

© Copyright 2014 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.