Budget 2013: GDP growth falls, FM hopes better days ahead

Hit by poor performance of farm, mining and manufacturing sector, economic growth in the October-December period of the current financial year slipped to 4.5 per cent -- decade's lowest quarterly growth.Concerned over the low growth, Finance Minister P Chidambaram today said efforts are being made to achieve higher growth and hoped that GDP will grow by over 6 per cent in the next financial year. The GDP had grown by 6 per cent in the October-December period of last fiscal.

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