India's GDP growth slumps to 6.5 pc in 2011-12

IBNLive.com | May 31, 2012 at 11:26am


Mumbai: India's growth story is slowly losing its sheen and has hit a three-year low with the GDP growing at just 6.5 per cent in 2011-12, as compared to an impressive 8.4 per cent in the previous fiscal. The GDP growth in the January-March quarter, 2011-12, was just 5.3 per cent compared to 9.2 per cent in the same period in 2010-11.

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