Indian economy will grow stronger clocking 5.3 percent in 2013-14. Releasing the Economic Outlook for 2013-14 in New Delhi today, the Prime Minister's Economic Advisory Council Chairman Dr. C. Rangarajan said owing to good monsoon and increased sown area, Agriculture is projected to achieve growth at 4.8 percent. The important sectors of the economy are also expected to do better with industry at 2.7 percent, and manufacturing at 1.5 per cent. Dr. Rangarajan also said the good agricultural performance will be felt moderately on inflation. He said inflation is expected to come down to 5.5 per cent by the end of March 2014. He said the Indian economy is expected to better than the previous year with the public sector acting as the driving force. He said 209 infrastructure projects have been cleared entailing investments of 3 lakh 84 thousand crore rupees. Dr. Rangarajan said, the performance of farm sector is expected to back higher GDP growth. He said the Current Account Deficit contained at 70 billion dollars, reduction in gold imports and improving international oil prices could see India doing even better.