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[Articles & News] GDP: Why India's growth rate is shrinking rapidly.

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Post time: 29-11-2019 11:12:27 Posted From Mobile Phone
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▼ India's growth rate is at its lowest in six years. Growth figures have been on a steady decline, shrinking from 8% to 5% in just one year.
But economists believe that the new GDP figures - expected to be released later on Friday - will be a brand new low, dragging the number down below the 5% mark.
Three industries - agriculture, construction and automobiles - have been struck the hardest amid India's economic slowdown.
Video by Pritam Roy, Pooja Agarwal, Vishnu Vardhan, Saraskanth TK and Arunoday Mukharji (▪ ▪ ▪)

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Post time: 29-11-2019 20:13:37 Posted From Mobile Phone
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It is correction due to removable of parallel black economy & misuse of money by way of taking lian with intention of not returning it. Thus correction is good for economy in longer run.
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Post time: 5 day(s) ago
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The findings of the National Statistical Office (NSO)’s consumer expenditure report of 2017-18 can’t be compared with the consumption data derived from gross domestic product (GDP)
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