Saturday 1 June 2013

The Centre was able to rein in the Centre’s fiscal deficit at 4.9 per cent of gross domestic product (GDP) in 2012-13, against 5.2 per cent pegged in the revised estimate (RE) and 5.1 per
cent projected in the Budget estimate - Fiscal deficit down at 4.9% of GDP
Agriculture growth dropped to 1.4 per cent, a two-year low, in the fourth quarter of 2012-13 due to a drop in kharif foodgrain production as well as rabi wheat output - Farm growth at 2-year low of 1.4%
Weak consumption & investments pull down growth; core also disappoints - Annual GDP growth at a decade low