(The real GDP growth stands at 4.8% in Q4 of 2012-13 as against 4.7% in Q3 of 2012-13)
Economic growth may rebound contingent on improved governance and concerted actions to tackle supply side bottlenecks, enhanced public investments and fiscal consolidation measures. There is urgency for addressing bottlenecks in coal, power, road and telecommunication sectors to revive investment scenario in the economy.
India’s real GDP growth declined from 6.2% in 2011-12 to 5% in 2012-13. The GDP at factor cost at constant (2004-05) prices in 2012-13 is estimated at Rs. 55,05, 437 crore as against Rs. 52, 43,582 crore in 2011-12. Whereas, the GDP at factor cost at current prices in the year 2012-13 is estimated at Rs. 94,61,013 crore, showing a growth rate of 13.3% over the GDP for the year 2011-12 at Rs. 83,53 ,495 crore.
Quarterly GDP at factor cost at constant (2004-05) prices for Q4 of 2012-13 is estimated at Rs. 14, 70,782 crore with growth rate of 4.8% as against 4.7% i…