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NEW DELHI, July 1 Asia Pulse - Driven by 7.3 per cent growth in the manufacturing sector and over 9 per cent in agriculture, economic growth more than doubled at 8.2 per cent in 2003-04 compared to 4 per cent in the previous year.
Barring mining, construction and financial services, all other sectors recorded a higher growth with hotel and transport sector clocking a double digit growth of 11.2 per cent in 2003-04, up from 7 per cent in 2002-03.
Agriculture zoomed to 9.1 per cent in the last fiscal as against a negative growth of 5.2 per cent in 2002-03.
At constant prices, GDP in 2003-04 is estimated at Rs 14,267.01 billion (US$308 billion) over the quick estimates of Rs 13,183.21 billion in 2002-03. ...
Source: HighBeam Research, INDIA'S ECONOMIC GROWTH AT 8.2% IN 2003-04.