Union Finance Minister Arun Jaitley on Thursday hailed Q2 GDP growth at 6.3%. Addressing a press conference, Jaitley said that the most significant aspect is after five quarters, GDP growth is on an upward trajectory. He said that the greatest significance is GDP growth has been fuelled by growth in manufacturing sector and investment has moved up. The gross domestic product (GDP) growth had hit a three- year low of 5.7% in the first quarter of 2017-18. "The GDP at constant (2011-12) prices in Q2 of 2017-18 is estimated at Rs 31.66 lakh crore, as against Rs 29.79 lakh crore in Q2 of 2016-17, showing a growth rate of 6.3%.

Source: dna November 30, 2017 13:52 UTC