New Delhi, Aug 31 - The following are some comments by experts and representatives of Indian industry on India's gross domestic product (GDP) during the first quarter of this fiscal, which expanded 6.1 percent:
Montek Singh Ahluwalia, Deputy Chairman, Planning Commission: It is consistent with what we have been maintaining. This definitely shows the worst is finally over. We expect to see improved performance in subsequent quarters.
Harsh Pati Singhania, president, Federation of Indian Chambers of Commerce and Industry: While the performance of the agriculture sector has been a little disappointing, we are still hopeful of achieving an overall growth of 6.5 percent in 2009-10.
Chandrajit Banerjee, director general, Confederation of Indian Industry: GDP growth at 6.1 percent during the first quarter of 2009-10, versus a growth of 5.8 percent in the previous quarter and 7.8 percent in the same period of the previous year has raised hopes that an economic recovery is on the cards.
Sajjan Jindal, president, Associated Chambers of Commerce and Industry: The economy will gradually bounce back on higher growth path as cement, steel and even real estate have started picking up.