Rivers connecting with growth

  • 03/05/2004

  • Pioneer (New Delhi)

On March 31, 2004, the Central Statistical Organisation of the Government of India published the third quarterly estimate (Q-3) of Gross Domestic Product (GDP) for the months October to December of 2003-2004 fiscal, which were immediately described as "staggering" and the highest in the world, ahead of even China. The factors which registered significant growth in Q3 of 2003-04 over Q3 of 2002-03 are "agriculture, forestry and fishing" (16.9 per cent), "manufacturing" (74 per cent), "electricity, gas and water supply" (5.2 per cent) "construction" (5.1 per cent), "trade, hotels, transport and communications" (13.1 per cent) and "financing, insurance, real estate and business services" (7.7 per cent).