Rajiv Kumar: Quarterly show no pointer to full year. India's GDP growth rate slid to a three-year low of 5.7 per cent in the first quarter (April-June), mainly because manufacturing slowed ahead of the launch of the goods and services tax regime. “I am confident that in the July-September quarter, economy will grow by 7-7.5 per cent. There has been successive drop in GDP growth. There is a historical experience, every country which has taken fundamental governance reform has seen shrinkage in output,” he explained.

Source: The Telegraph September 01, 2017 11:15 UTC