India registers 9.6% growth in FY`07

The Finance Ministry on Thursday revised upwards its 2006/07 gross domestic product growth estimate to 9.6 percent from an earlier 9.4 percent, the highest in 18 years. This has led to over 14 percent increase in the per capital income, a government statement said.



The improved growth in the GDP, up from 9.4 per cent in 2005-06, has been achieved due to all around improvement in mining, manufacturing and services sectors, which helped to offset the slower growth in agriculture sector, according to the quick estimates released by the Central Statistical Organisation (CSO).

Msg By Mr Saty AVR