Reversing five quarters of slowdown, GDP growth up to 6.3% as deficit deepens
GDP rebounded to 6.3 per cent in the second quarter of 2017-18, from 5.7 per cent in the preceding quarter. GDP rebounded to 6.3 per cent in the second quarter of 2017-18, from 5.7 per cent in the preceding quarter. GVA growth for “electricity, gas, water supply” sector increased to 7.6 per cent in July-September from 5.1 per cent last year. GVA growth for “mining and quarrying” rose to 5.5 per cent from (-) 1.3 per cent in the corresponding period last year, data showed. GVA growth for the construction sector declined to 2.6 per cent in July-September from 4.3 per cent last year.
Source: Indian Express November 30, 2017 14:51 UTC
