‘Conservative estimates’Economists, however, feel that the government’s prediction for the second half of the year is too conservative. “There is an indication of a slowdown in the second half, but not for such a slowdown. Construction set to growThe construction sector, however, is expected to witness an acceleration in the second half of the year. The transport and communications services sector is expected to grow at 6.9% in 2018-19, down from 8% in the previous year. The financial services sector is set to grow at 6.8% in 2018-19 from 6.6% in 2017-18.

Source: The Hindu January 07, 2019 17:03 UTC