ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Macroeconomic Indicators

Despite the estimated record foodgrains production in 2011-12, the real gross domestic product (GDP) growth rate from agriculture and allied activities decelerated to 2.8% compared with 7.0% in 2010-11. The growth rate in industry also fell steeply from 7.2% to 3.4% during the same years, this despite a sharp increase in the growth rate of electricity, gas and water supply. The services sector held its ground by slowing down only moderately from 9.3% to 8.9%. Overall, the GDP growth rate decelerated from 8.4% in 2010-11 to 6.5% in 2011-12.

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