The economy clocked a robust 7.9 pc growth in Q2

Proving all expectations too conservative, the economy clocked a robust 7.9 per cent growth in the second quarter, catapulted by a stimulus packages-powered strong industrial growth.

The growth is not only higher than a mere 6.1 per cent in Q1, but also more than 7.7 per cent recorded in July-September 2008, when the economy did not come under the full impact of the then deepening global financial crisis.The mining sector growth was at 9.5 pc vs 3.7 pc,manufacturing sector at 9.2 pc vs 5.1 pc,construction sector at 6.5 pc vs 9.6 pc and farm sector at 0.9 pc vs 2.7 pc due to poor monsoon.