The Indian economy grew at a scorching 9.2 per cent in July-September 2006 when compared with 8.4 per cent in the same period last year, according to government data released on Thursday.
Gross domestic product at constant (1999-2000) prices for the quarter ended September 30, 2006 is estimated at Rs 6,47,290 crore (Rs 6472.90 billion) as against Rs 5,92,652 crore (Rs 5926.52 billion) in Q2 2005-06 - a growth rate of 9.2per cent over the corresponding quarter of previous year.
GDP at factor cost at current prices in Q2 of 2006-07 is estimated at Rs 8,38,367 crore (Rs 8383.67 billion) as against Rs 7,35,461 crore (Rs 7354.61 billion) in Q2 2005-06 - an increase of 14 per cent.
The sectors that registered significant growth in Q2 of 2006-07 over Q2 of 2005-06 are manufacturing at 11.9 per cent, construction at 9.8 per cent, trade, hotels, transport and communication at 13.9 per cent and financing, insurance, real estate and business services at 9.5