NEW DELHI, Feb. 7 (Xinhua) -- The Indian economy in the 2012-13 fiscal would grow at 5 percent, lowest in a decade, due to poor performance of agriculture, manufacturing and services, said the government on Thursday.
"The growth in GDP during 2012-13 is estimated at 5 percent as compared to a growth rate of 6.2 percent in 2011-12," said an official release.
The release quoted the Central Statistical Organization as saying the growth in agriculture is expected to stand at 1.8 percent, manufacturing 1.9 percent, electricity, gas and water supply 4.9 percent.
The growth in the mining and quarrying sector is estimated to grow by 0.4 percent, service sectors such as trade, hotels, transport and communication sectors 5.2 percent, service sectors like financing, insurance, real estate and business services 8.6 percent.
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