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Indian economy grew in double digits twice under UPA govt, says panel

The new series has 2011-12 as the base year and the earlier series had 2004-05 and 1993-94

Arup Roychoudhury & Indivjal Dhasmana  |  New Delhi 

The Indian economy grew in double digits twice during the tenure of the Manmohan Singh government (2004-14), shows the back-dated data on the new series of gross domestic product (GDP) given by a panel on real sector statistics. The data showed that GDP grew by 10.23 per cent in 2007-08 and 10.78 per cent in 2010-11 against the earlier numbers of 9.32 per cent and 8.91 per cent, respectively.

The new series has 2011-12 as the base year and the earlier series 2004-05 and 1993-94. However, there are some years for which the new figures show deceleration in growth. For ...

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First Published: Sat, August 18 2018. 02:35 IST
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