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Wednesday, September 3, 2014
Monday, September 1, 2014
The Economic Survey 2013-14 reveals India's GDP growth rate at 5.4 - 5.9%
As per the The Economic Survey 2013-14, Indian economy registered a GDP growth of 5.7 per cent in the April-June quarter of 2014-15. The Indian economy registered its highest growth in nine quarters this financial year.
Agriculture and allied sector grew at 4.7 per cent, while industry grew at 0.4 per cent in 2013-14.
Consumer price inflation declined from 10.21 per cent during FY 2013-14 to about 9.49 per cent in 2013-14. However, food inflation remained stubbornly high during FY 2013-14.
Japan willing to invest 2.1 lakh crore in India
Japan to invest 2.1 lakh crore in Indian projects , The decision came after Modi held summit-level talks with his Japanese counterpart in Tokyo.
Japan on September 1, 2014 pledged to invest Rs. 2.1 lakh crore ($35.5 billion) in a wide spectrum of projects in India over five years. These include infrastructure, clean energy and skill development.