Photographs: Amit Dave/Reuters.
India's GDP growth in 2011-12 has been the lowest in nine years. The Indian economy is estimated to grow by 6.9 per cent in 2011-12, after having grown at the rate of 8.4 per cent in each of the two preceding years.
At sectoral level, growth is estimated to be 2.5 per cent for 2011-12 for agriculture and allied sectors, a little lower than expected. However, this has to be seen in light of the high growth of 7 per cent achieved in 2010-11, says the Economic Survey report.
While agriculture constituted about 53.1 per cent of the GDP in 1950-52, it has fallen considerably to 13.9 per cent in 2011-12. However, service sector which was 16.6 per cent of the GDP has grown to 27 per cent.
Click NEXT to see how India's key sectors fared in FY 12 compared to FY11...
Slowdown: How India's key sectors fared in FY12
Photographs: Jitendra Prakash/Reuters.
Quarterly growth rate for first three quarters (per cent)
| Quarterly growth | Q1 | Q2 | Q3 |
| FY11 | 3.1 | 4.9 | 11.0 |
| FY12 | 3.2 | 3.9 | 2.7 |
(Q1: April to June, Q2: July to September, Q3: October to December)
Slowdown: How India's key sectors fared in FY12
Photographs: Danish Siddiqui/Reuters.
Mining and Quarrying
(Quarterly growth rate for first three quarters (per cent)
| Quarterly growth | Q1 | Q2 | Q3 |
| FY12 | 8.3 | 5.7 | 7.6 |
| FY11 | 5.1 | 3.2 | 2.6 |
...
Slowdown: How India's key sectors fared in FY12
Photographs: Danish Ismail/Reuters.
Manufacturing
Quarterly growth rate for first three quarters (per cent)
| Quarterly growth | Q1 | Q2 | Q3 |
| FY11 | 9.1 | 6.1 | 7.8 |
| FY12 | 7.2 | 2.7 | 0.4 |
Slowdown: How India's key sectors fared in FY12
Photographs: Mukesh Gupta/Reuters.
Electricity, gas and water supply
Quarterly growth rate for first three quarters (per cent)
| Quarterly growth | Q1 | Q2 | Q3 |
| FY11 | 2.9 | 0.3 | 3.8 |
| FY12 | 7.9 | 9.8 | 9.0 |
...
Slowdown: How India's key sectors fared in FY12
Photographs: Rupak de Chowdhuri/Reuters.
Construction
Quarterly growth rate for first three quarters (per cent)
| Quarterly growth | Q1 | Q2 | Q3 |
| FY11 | 8.4 | 6.0 | 8.7 |
| FY12 | 1.2 | 4.3 | 7.2 |
...
Slowdown: How India's key sectors fared in FY12
Photographs: Daniel Berehulak/Getty Images.
Trade, hotels, transport & communication
Quarterly growth rate for first three quarters (per cent)
| Quarterly growth | Q1 | Q2 | Q3 |
| FY11 | 12.7 | 10.8 | 9.8 |
| FY12 | 12.8 | 9.9 | 9.2 |
Slowdown: How India's key sectors fared in FY12
Photographs: Jayanta Dey/Reuters.
Financing, insurance, real estate & business services
Quarterly growth rate for first three quarters (per cent)
| Quarterly growth | Q1 | Q2 | Q3 |
| FY11 | 10.0 | 10.4 | 11.2 |
| FY12 | 9.1 | 10.5 | 9.0 |
Slowdown: How India's key sectors fared in FY12
Photographs: Ajay Verma/Reuters.
Community, social and personal services
Quarterly growth rate for first three quarters (per cent)
| Quarterly growth | Q1 | Q2 | Q3 |
| FY11 | 4.4 | 4.5 | -0.1 |
| FY12 | 5.6 | 6.6 | 7.9 |
...
Slowdown: How India's key sectors fared in FY12
Photographs: Babu/Reuters.
Services
Quarterly growth rate for first three quarters (per cent)
| Quarterly growth | Q1 | Q2 | Q3 |
| FY11 | 10.0 | 9.1 | 7.7 |
| FY12 | 10.0 | 9.3 | 8.9 |
article