India's economic growth dropped to its lowest level in a decade last fiscal year of the government failure, faltering reform action plan, encourage investment and improve industry performance.
As of March 31, 2013 during the 12-month increase of 5%, according to government statistics released Friday. In the same period last year, an increase of 6.2%. The previous year, economic growth in a fast cutting 9.3%.
January 2013-March quarter, economic growth slowed to 4.8%, compared with 5.1% in the same period last year.
The latest data confirm analysts' concerns about high inflation, weak consumer spending, economic reform and delays discourage investment in the Indian economy.
 



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