India GDP to grow 7.6 per cent in FY’15-16: CSO

Indian economy is estimated to grow 7.6 per cent this fiscal, the Central Statistics Office (CSO) said in its advance estimates on Monday.

This is much higher than the 7.2 per cent GDP growth recorded in 2014-15.

The latest advance estimate of 7.6 per cent is also higher than the 7-7.5 per cent range projected for the current fiscal by the Finance Ministry.

Meanwhile, the CSO pegged the third quarter GDP growth for 2015-16 at 7.3 per cent.

Simultaneously, the CSO has also today revised upwards the Q1 GDP growth to 7.6 per cent from 7 per cent estimated earlier.

-More at BusinessLine

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