GDP growth rate for the fourth quarter of financial year 2005-06 has come in at a better than expected 9.3 per cent, helped by strong growth in agriculture and services. Growth rates for the first three quarters of 2005-06 were 8.5, 8.4 and 7.5 per cent respectively. Sector-wise Q4 growth Sector | Q4 2005-06 | Q3 2005-06 | Agriculture | 5.5 | 2.9 | Mining | 3.0 | 0.0 | Manufacturing | 8.9 | 8.3 | Electricity & Water supply | 6.1 | 5.0 | Construction | 12.0 | 11.5 | Trade, Hotels, Transport & Comm | 12.9 | 10.2 | Finance & Real estate | 10.5 | 8.9 | Social & Personal services | 7.6 | 8.4 | GDP (factor cost) | 9.3 | 7.5 | Advanced estimates of GDP growth for the full year 2005-06 has been revised upwards to 8.4 per cent from earlier estimate of 8.1 per cent. GDP at factor cost for 2005-06 is estimated to have gone up to Rs25,95,339 crore from Rs23,93,671 crore for the previous year. Sector-wise 05-06 growth estimates Sector | 2005-06 revised estimates | 2005-06 previous estimates | Agriculture | 3.9 | 2.3 | Mining | 0.9 | 1.0 | Manufacturing | 9.0 | 9.4 | Electricity & Water supply | 5.3 | 5.4 | Construction | 12.1 | 12.1 | Trade, Hotels, Transport & Comm | 11.5 | 11.1 | Finance & Real estate | 9.7 | 9.5 | Social & Personal services | 7.8 | 7.9 | GDP (factor cost) | 8.4 | 8.1 | At current prices, GDP for 2005-06 rose 12.9 per cent to Rs32,09,397 crore from Rs28,43,897 crore for the previous year. Per capita income at current prices increased 11.2 per cent to Rs25,825 from Rs23,222.
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