Live
- Mild quake hits Assam, 11th tremor in NE in 34 days
- MP CM Mohan Yadav returns from UK-Germany visit
- Congress' Rakibul Hussain claims party lost Samaguri bypoll due to 'rigging'
- CBI books CGST inspector for demanding Rs 75,000 bribe from Raipur chemist
- Pappu Yadav receives death threat from Lawrence Bishnoi gang
- Pak govt and PTI spar over casualties, fresh row over plans to ban Imran Khan’s party
- Indian startups raise $145 mn in funding this week
- Kerala a jewel in India's startup crown: Tharoor
- Essential Tips to Make Your Move to a New Home Stress-Free
- Empowering youth & fostering innovation crucial for Viksit Bharat: Jitendra Singh
GDP growth set to fall to 7.1% in FY17
Highlights
India’s economic growth is likely to decelerate to 7.1% in 2016-17 from 7.6% in the previous year, the statistics department said on Friday.
New Delhi: India’s economic growth is likely to decelerate to 7.1% in 2016-17 from 7.6% in the previous year, the statistics department said on Friday.
The growth projection by the Central Statistics Office has been released a month before it was due to help the government prepare the budget, which also has been advanced by a month to February 1.
The currency crunch that followed the demonetisation is widely expected to have hit consumption, as well as jobs in the informal sector, driving down economic growth.
Next Story
ADVERTISEMENT
