Finmin sees improved GDP growth for remaining part of 2014-15

K. R. Srivats Updated - November 25, 2017 at 04:00 PM.

Encouraged by the Q1 GDP growth performance, the finance ministry on Friday said it expects further growth improvement in remaining part of the year.

This optimism stems from improved performance in some sectors like manufacturing and encouraging level of export growth in first quarter.

Indian economy grew 5.7 percent in April-June quarter, higher than 4.7 percent growth in same

quarter last fiscal, official data released on Friday showed.

The performance of the economy in the first quarter is broadly on expected lines, said an official release issued by the Finance Ministry post the announcement of Q1 GDP growth numbers.

>srivats.kr@thehindu.co.in

Published on August 29, 2014 15:16