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Economic Survey 2012-13 highlights

Source : IANS
Last Updated: Wed, Feb 27, 2013 13:22 hrs
8.7% growth target realistic: Chidambaram

Highlights of the Economic Survey 2012-13 tabled in parliament by Finance Minister P. Chidambaram Wednesday.

GDP growth to remain between 6.1 percent to 6.7 percent in 2013-14

WPI inflation to moderate in the range of 6.2 percent to 6.6 percent

Economy estimated to grow at 5 percent in 2012-13 after growing by 6.2 percent in previous year

Poor show of services sector contributed significantly to slowdown

Global as well as domestic factors responsible for slowdown

FDI in retail can pave the way for investment in new technology and marketing of agricultural produce

The survey has a special chapter focused on jobs

Fast agricultural growth remains vital for jobs, incomes and food security



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