India's GDP grows 7.3 percent in Q3 of FY 2015-2016Staff writer ▼ | February 10, 2016
India's gross domestic product (GDP) grew by 7.3 percent in the third quarter of the 2015-16 fiscal year, according to official data.
Asia The Central Statistics Office:
As per the official data released by the Central Statistics Office, the growth was pulled down by lower production in agriculture, forestry and fishing, electricity, gas and water supply and other utility services, financial, real estate and professional services.
Inadequate rainfall this year meant agriculture and allied activities registered negative growth of minus 1 percent in the quarter compared to a 2 percent growth in the previous one.
Besides, there was a 6 percent growth in electricity, gas, water supply and other utility services - as against 7.5 percent growth in the second quarter. ■