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Economy grew at decade low of 5 per cent in 2012-13

Economy grew at decade low of 5 per cent in 2012-13

India's economy grew 5 per cent in 2012-13, its lowest rate in a decade and in line with an official estimate, government data showed on Friday.

Gross Domestic Product (GDP) grew at 4.8 per cent in the quarter ending March 31, the data showed, in line with a poll of analysts by Reuters.

The manufacturing sector grew an annual 2.6 per cent during the quarter while farm output rose just 1.4 per cent, the data showed.

Copyright: Thomson Reuters 2013