Reaganomics Current Affairs, GK & News

Q4 GDP growth drops sharply to 5.3%, lowest in 9 years

Yearly economic growth of India dipped to a 9-year low of 5.3% in the January-March 2012 quarter. Even during the 2008-09, the year when India was facing the hit by the global financial meltdown, growth rate was higher at 6.7%. It is the lowest growth rate since 4.0% in 2002-03. Some of the factors being ..