Govt has upped it's Gross Domestic Product growth target to 9.2 pc versus it's the earlier estimate of 9 pc.
New Delhi: The Government has upped it's Gross Domestic Product growth target to 9.2 per cent versus it's the earlier estimate of nine per cent.
And the same is the case with manufacturing growth, which has now bumped up to 11. 3 per cent versus 9.1 per cent.
Construction output targets have dipped to 9.4 per cent versus the previous estimate of 14 per cent.
Farm growth on the other hand is pegged at a sluggish 2.7 per cent against the earlier figure of 6 per cent, which is a big difference.
Chief Economic Advisor to the Finance Ministry, Ashok Lahiri says the robust growth is accredited to the servicing and construction sectors.
"The acceleration in growth that we have seen in recent years is continuing. Growth has gone up from nine per cent in the last year to an estimated 9.2 per cent in the current year. And this acceleration can be seen even in the manufacturing sector and in services."
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