The government also marginally increased its estimate for the full year’s growth to 6.6% from its earlier estimate of 6.5%. Growth in GDP was at 6.5% in the second quarter of this financial year. In the third quarter, the manufacturing sector exhibited a strong recovery, growing at 8.1%, following up on a 6.9% growth in the second quarter. The agriculture sector also saw relatively robust growth in the third quarter, growing at 4.1%, up from 2.7% in the first and second quarters of this financial year. “Overall, fourth quarter growth will also be in the 7.1-7.2% growth if the economy is to grow at 6.6% over the entire year.”

Source: The Hindu February 28, 2018 13:08 UTC