India's GDP advance estimate for FY14 at 4.9%, worst may not be over

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Advance estimate of national income for 2013-14 pegs gross domestic product (GDP) growth for the year at just 4.9%. Advance estimate of national income for 2013-14 pegs gross domestic product (GDP) growth for the year at just 4.9%.
SummaryIndia’s economic growth remains stunted owing to a pervasive demand slump amid high inflation

get stalled projects off the ground, both in the infrastructure and manufacturing sectors, remove hurdles in the mining sector and create a conducive environment for the revival of the manufacturing sector, he added. Ficci president Sidharth Birla said: “Though the Cabinet Committee on Investments has cleared a whole lot of projects last year, the real test of performance lies in their actualisation.”

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