a pick up in manufacturing and agriculture. Icra senior economist Aditi Nayar said improved farm output, rural demand and healthy exports are expected to support economic growth in the remainder of the fiscal taking the GDP growth to 4.7 per cent to 4.9 per cent.
Growth likely to be 4.6%: Poll
New delhi: India’s economic growth likely picked up slightly in the July-September quarter as improved manufacturing activity steered it from a four-year low in the previous three months, a Reuters poll showed on Tuesday.
Any improvement would be welcome news for the government as a string of opinion polls forecast a poor performance for the ruling party in general elections which must be held by next May. Economic growth virtually halved in two years to 5 per cent in the last fiscal year — the lowest level in a decade — and most economists surveyed by Reuters last month expect 2013-14 to be worse. reuters