GDP projected to 7.7pc
Thursday, 14 August, 2008

From last year's economic growth of 9 percent, the country's GDP is projected down to 7.7percent.

The Prime Minister's economic advisory council on presenting the economic outlook has said that the inflation attributed to rising oil and food prices has lead to the slow down in the growth.

India's agriculture, industry and services sectors are mainly witnessing a lowered growth. However despite the slowdown in economic growth, India still remain as the second highest growing economy in the world.
--MP

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