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20000101

India Q2 1999/2000 GDP growth up yr-on-yr 6.0 pct

NEW DELHI: India's gross domestic product (GDP) grew by 6.0 percent in the second quarter of 1999/2000 (April-March) from the same period a year earlier, the Central Statistical Organisation (CSO) said on Friday.

Year-on-year GDP growth in the second quarter of the previous financial year was 4.2 percent.

India's GDP grew 6.0 percent in 1998/99. The statement said the GDP growth estimate for the first quarter of 1999/2000 had been revised to 5.9 percent from the previous estimate of 5.5 percent.

Farm sector growth for the first quarter had also been revised to 3.2 percent from the previous estimate of 2.8 percent.

Manufacturing sector growth for the first quarter had been revised to 7.0 percent from the previous estimate of 6.2 percent.

CSO said the next quarterly release of GDP data, relating to the October-December period, will be on March 31, 2000.-Reuters

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