Indian economy s growth slows down in Q1 2017-18 at 5.7%
Thursday - August 31, 2017 5:46 pm ,
Category : BUSINESS
Indian economy s growth slows down in Q1 2017-18 at 5.7%
New Delhi Aug 31 (IANS) India s GDP growth for the first quarter of the current fiscal ended June slowed down to 5.7 per cent from 6.1 per cent reported for the fourth quarter of 2016-17 official data showed on Thursday.
According to data from the Central Statistics Office (CSO) the GDP for Q1 stood at Rs 31.10 lakh crore or a growth of 5.7 per cent compared with 6.1 per cent in the fourth quarter of the last fiscal.
The drop in growth was even sharper compared to the like quarter a year ago when the country s GDP grew at 7.9 per cent.
--IANS
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