Saturday 31 August 2013

In the first quarter of this financial year, growth in India’s agriculture sector dropped 0.2 percentage points to 2.7 per cent compared to the corresponding period last year - Low wheat production hits farm sector growth
A mid slowing tax revenues and rising Plan expenditure, the Center's fiscal deficit for the first four months of this financial year soared to rs 3.4 lakh crore, 62.8 per cent of the Budget estimate (BE) of rs 5.42 lakh crore for 2013-14, according to data released by the Controller General of Accounts - Fiscal deficit touches 63% of BE in 4 months