India's economic growth slumps to 4.4 percent

New Delhi, Aug 30 (IANS) India's economic growth slumped to 4.4 percent during the quarter ended June 30, due to poor showing of manufacturing, mining and agriculture sectors, government data showed Friday.

The manufacturing sector contracted by 1.2 percent while mining sector contracted by 2.8 percent.

The growth of agriculture sector fell to 2.7 percent.

The services sector registered a healthy 9.4 percent growth in the April-June quarter of the current financial year, data released by the Central Statistics Office (CSO) here said.

--

Did you know that you can get stories like this on the Yahoo mail app?
Download it here.

Matches