Economic Survey 2011-12: GDP growth projected at 7.6% for FY13

NEW DELHI: The Economic Survey 2011-12 was tabled in the Parliament on Thursday. The economy is likely to pick up pace in the fiscal year that starts on April 1 and could grow 7.6 per cent, the report said.

Economic growth faltered to a three-year low of 6.1 per cent in the December quarter and the pace of economic expansion this fiscal year is forecast to dip below 7 per cent for the first time in three years.

The finance ministry report pegs the economic growth in 2013/14 fiscal year at 8.6 per cent.