Indian Economy in 2012-13

1)The GDP growth slowed from 5.5 % in the first quarter ended June 30 of 2012-13 to 5.3% in the second quarter ended September 30
2)current account deficit (CAD) rose to a record high of 5.4 percent of GDP or USD 22.3 billion in the July-September quarter
3) fiscal deficit touched 78.8 percent of the budget estimates (BE) in the nine months to December 2012.In absolute terms, the fiscal deficit or gap between expenditure and revenue receipts stood at Rs 4,04,699 crore at the end of December 2012, according to the data released by Controller General of Accounts (CGA)
4)During January - November 2012, India has received FDI worth USD 21.68 billion, a decline of 33 percent over the same period of previous year
5)Output of major crops, both food and non-food, is expected to decline by about 2.3 % in 2012-13
6)Factory output growth was 1 % in April-November period this fiscal, down from 3.8 % in the same period in 2011-12
7)Gross direct tax collections during April-December of the financial year 2012-13 stood at Rs 4,28,278 crore as against Rs 3,96,530 crore in the same period last year