GDP grows 6.1 per cent in Q3, lowest in 2 years

India's economy has logged its slowest pace of quarterly expansion in the recent past, with gross domestic product (GDP) rising by a mere 6.1 per cent in the quarter ended December, official data showed on Wednesday.

The economy had grown 8.3 per cent in the previous corresponding period.


Mining was another sector hit badly and contracted by 3.1 per cent. It had registered a growth of 6.1 per cent in the Sep-Dec quarter of 2010-11.

Agriculture also saw a sharp decline at 2.7 per cent but that was mostly because of a high base as the sector had grown 11 per cent in the year-ago period.

The GDP is expected to increase by only 6.9 per cent for the whole year.

With inputs from agencies