Coming in the run-up to elections in eight states in 2018, this news should rightly send danger bells ringing in the highest echelons of the government. That the disillusionment has set in can be seen from the results of the Gujarat assembly elections. The CSO has predicted that the growth in agriculture, forestry and mining is likely to slow down to 2.1 per cent this FY compared to the 4.9 per cent growth last FY. Manufacturing is doing no better; its growth is expected to head southward to 4.6 per cent from 7.9 per cent. Along with this, the per capita income growth is also likely to slow down to 8.3 per cent from 9.7 per cent in this FY.
Source: dna January 08, 2018 02:26 UTC