new delhi the indian economy grew at 73 per cent in 201415 due to improvement in the performance of both services as well as manufacturing sectors according to the data release by the central statistics office cso on friday the economic growth was 69 per cent in 201314 as per the new series of national accounts with base year of 201112 the growth in 201415 was lower than the advance estimates of 74 per cent released in february the fourth quarter januarymarch of last fiscal saw the economy grow at 75 per cent better than 66 per cent recorded for the previous three months octoberdecemberread also gdp to grow further after 775 last year jaitley says the gross value added gva a new concept introduced by cso to measure the economic activity rose by 72 per cent in 201415 compared 66 per cent in the previous fiscal the manufacturing sector gva rose by 71 per cent during the year as against 53 per cent in 201314 similarly the output of electricity gas water supply and other utility services rose by 79 per cent as against 48 per cent a year ago the construction activity too registered an increase of 48 per cent up from 25 per cent a year ago financial real estate and professional services also showed an improvement by registering a growth of 115 per cent as against 79 per cent in previous fiscalread also india needs sustained gdp growth of 910 however the farm and allied sectors grew by a meagre 02 per cent compared to 37 per cent a year ago the output of mining and quarrying sector too slipped to 24 per cent from 54 per cent a year ago