Indian Economy
As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by:

7.8% in 2011-12
8.0% in 2011-12
8.5% in 2011-12
8.2% in 2011-12

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Indian Economy
Gross domestic capital formation is defined as

expenditure incurred on physical assets only
flow of expenditure devoted to increased or maintaining of the capital stock
net addition to stock after depreciation
production exceeding demand

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