17 - Sep - 2020

India's GDP growth rate falls.

India’s economic growth, for the year ending March 31st, 2017, is set to fall. As per estimates, the GDP growth rate will be 7.1%. This figure remained at 7.6% in the last year. Despite loud noises made by the Prime Minister and the Finance Minister about the economic performance of the government, growth of the industrial and service sectors have fallen sizeably.

[Source: Times of India dated 05.01.2017]