Still Economical growth Is Slow and Below Average

Good monsoon cultivation and export growth boosted by demand from international markets . The superior performance of these two sectors in the second quarter, the rate of economic growth has not been able to carry up to five per cent . Of the current financial year 2013-14 Jul. - Sep. quarter gross domestic product ( GDP) growth rate of between four and half per cent is expected to go live .


The government on Friday will release second quarter GDP figures . Most research agencies believe that the 4.5 per cent GDP growth in the near term may be limited . Meanwhile, the agricultural sector growth is likely to remain above three per cent . Economic growth was 4.4 percent in the first quarter .
During this period, industrial production is at its worst . The pace of industrial production in the period of three months has not risen above 2.6 per cent . The three -month average growth rate of the industrial sector is expected to be around 1.73 per cent . The service sector has not achieved the desired speed . Therefore, the second quarter GDP growth rate is expected to be below five per cent .
The Government provided several measures have been taken to speed up the economy , but did not have any concrete result . High interest rates and inflation, investment climate in the country has not yet . Yet the government is assuming that economic growth in the third and fourth quarter changes may appear in the data . Good yields from good monsoon has increased the demand in the rural market . The result will look at manufacturing .
Contrary to expectations , analysts believe that the government's full-year economic growth rate of five per cent will not touch . Ikra 4.8 and 4.6 per cent by the financial agency Crisil growth forecasts . Other agencies also the country's growth rate is expected to go up by five per cent .