Indian Economy

The PM's Economic Advisory Council has forecast the overall GDP growth during the current financial year at 6.5 per cent at factor cost in constant (1999-2000) price terms. The report projects the industrial and services sectors to grow by 8.2 per cent each. However, agricultural sector would see a -2.0 per cent decline. GDP for the year will amount to Rs. 38.8 trillion compared to Rs. 36.1 trillion of 2008-09.