Highlights 1 GDP growth has declined steadily for six straight quarters2 Exports are facing strong headwinds and the industrial growth is the lowest in five years. 3 CAD in the April-June quarter has risen to 2.4 per cent of GDP,Finance Minister Arun Jaitley will chair a meeting today to take stock of India's economic situation, which has recently seen a worrying slowdown. CAD, the difference between inflow and outflow of foreign exchange, was 0.1 per cent (USD 0.4 billion) in the June quarter of last fiscal. The figure compares with 0.6 per cent (USD 3.4 billion) for January-March 2017. Steps to boost economic growth, create jobs and reviving private investment may be part of the discussion, they said.

Source: India Today September 19, 2017 08:03 UTC