Gross value added (GVA) growth is forecast at 6.1% against 6.6% last year. In the first half, GDP growth was only 6% because of the disruption caused by the goods and services tax (GST) and the lingering impact of demonetisation. "GDP growth of 6.5% for 2017-18 implies growth of 7% for the second half," economic affairs secretary Subhash Chandra Garg tweeted. GVA growth is expected to decline to a three-year low of 6.1% in FY18.GDP growth will become more robust in FY19, according to NITI Aayog vice chairman Rajiv Kumar. The statistics office will release economic growth data for the October-December quarter on February 28, along with revised full-year growth estimates for FY18.

Source: Economic Times January 05, 2018 12:05 UTC