Indias economic growth rate hit a new decades low of 4.

5% in the fiscal year 2012-13a much

slower pace than the 5% estimated earlierdue mainly to a sharper-than-projected slowdown in
construction and mining, as well as an upward revision of growth data for the previous fiscal
year.
CSO also revised growth rates for the previous two years. The 2010-11 gross domestic product
(GDP) growth rate was revised down to 8.9% from 9.3% estimated earlier, while the 2011-12
GDP growth rate was revised upwards to 6.7% from 6.2% estimated earlier. The latest revisions
incorporate the Annual Survey of Industries (ASI) data for 2011-12, replacing the provisional
Index of Industrial Production numbers and new set of data available from the Reserve Bank of
India (RBI) and the government, CSO said.
Indian Economic Growth Decelerates in Q1

In the first quarter of 2014, India's GDP growth slowed to 4.6 percent yoy from a 4.7 percent expansion
registered in the previous period. The output was mainly hurt by a contraction in the manufacturing
sector.

The economy would grow 4.9% in the current financial year despite favourable monsoon
brightening the scope for agriculture performance. The economy will grow 4.9% year-on-
year in 2013-14, similar to the 5% growth recorded in 2012-13, India Ratings and
Research said.

The industrial and services sector growth performance in 2013-14 is likely to be lower
than 2012-13 (FY13), it said. While in general economic growth performance in FY14 is
likely to be similar to the FY13 levels, the current account may improve considerably
said Devendra Kumar Pant, chief economist and head of public finance, India Ratings.

he Gross Domestic Product (GDP) in India expanded 4.60 percent in the first quarter of 2014 over the same
quarter of the previous year. GDP Annual Growth Rate in India averaged 5.82 Percent from 1951 until 2014,
reaching an all time high of 11.40 Percent in the first quarter of 2010 and a record low of -5.20 Percent in the
fourth quarter of 1979. GDP Annual Growth Rate in India is reported by the Ministry of Statistics and Programme
Implementation (MOSPI).

In India, the annual growth rate in GDP at factor cost measures the change in the value of the goods and
services produced in India, without counting governments involvement. Simply, the GDP value excludes indirect
taxes (VAT) paid to the government and includes the original value of products without accounting for
government subsidies. This page provides - India GDP Annual Growth Rate - actual values, historical data,
forecast, chart, statistics, economic calendar and news.







Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.70 11.40 -5.20 1951 - 2014 Percent Quarterly















India Unemployment Rate
Unemployment Rate in India decreased to 3.80 percent in 2011 from 9.40 percent in 2010. Unemployment Rate
in India averaged 7.57 Percent from 1983 until 2011, reaching an all time high of 9.40 Percent in 2009 and a
record low of 3.80 Percent in 2011. Unemployment Rate in India is reported by the Ministry of Labour and
Employment, India




In India, the unemployment rate measures the number of people actively looking for a job as a percentage of the
labour force. This page provides - India Unemployment Rate - actual values, historical data, forecast, chart,
statistics, economic calendar and news.


Actual Previous Highest Lowest Dates Unit Frequency
3.80 9.40 9.40 3.80 1983 - 2011 Percent Yearly

Labour Last Previous Highest Lowest Unit
Population 1233.00 1217.00 1233.00 359.00
Million
[+]
Employed Persons 28999.00 28708.00 28999.00 17491.00
Thousand
[+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Unemployed Persons 39963.00 39974.00 41750.00 24861.00
Thousand
[+]
Unemployment Rate 3.80 9.40 9.40 3.80
Percent
[+]