This is the slowest pace of growth in the country's economy in the last four years.
"An arrogant Prime Minister Narendra Modi and a failed Finance Minister Arun Jaitley, hell bent upon ignoring economic wisdom, have dealt a catastrophic blow to India's growth story as proved by the latest GDP estimates slumping from 7.3 per cent to 6.5 per cent", he said. Given the tepid growth estimates from agriculture, it gives us a feeling that the budget 2018 will have a higher focus on agriculture and rural economy. He also indicated that the government could find it hard to achieve its fiscal deficit target of 3.2 per cent of GDP.
Commenting on the advance growth estimate released by the CSO here on Friday, NITI Aayog vice-chairman Rajiv Kumar said that the GDP growth will become more robust in 2018-19."The economic activity has been picking up over the past three quarters and can be expected to strengthen in the coming period", he said. That is a full one per cent downgrade from the FM's earlier projection of around 7.5 per cent growth this financial year.
"Advance GDP growth estimate of 6.5 per cent shows that the reform measures undertaken by the government are yielding results, because 6.5 per cent for the full year means that Q3 and Q4 numbers will be far better than first half of the year. The investment growth of nearly twice of a year ago indicates that investment is reviving", economic affairs secretary Subhash Chandra Garg said. The data also showed that manufacturing output returned to growth after a weak second quarter, although construction output contracted for the second quarter in a row.
CSO estimates suggest that in the current fiscal, the (Gross Value Added) growth in agriculture, forestry and fishing sector is set to decline to 2.1% as against the previous year's growth rate of 4.9%. Notably, the expected growth rate is lesser than last two year's GDP of 7.1 percent and 8 percent respectively.
As GST collections slipped to Rs 80,808 crore in November, down from an average of Rs 90,000 crore in the previous months, and with the government planning to borrow an additional Rs 50,000 crore via gilts, which is double the amount that was estimated by the market, the GDP growth for FY18 may range between 6% and 6.5%.
"It is heartening that gross fixed capital formation is on a recovery path, as a turnaround in investments is imperative for a sustained recovery to take hold".
Economic Affairs Secretary Subhash Chandra Garg said: "GDP growth of 6.5 per cent for 2017-18 implies growth of 7 per cent for the second half".
Todavía no se oficializó la fecha de estreno, por ende, será el mismo Netflix quien anunciará a través de sus redes sociales. Sabrina, La Bruja Adolescente fue uno de los sitcoms más populares de los 90, y tuvo siete temporadas con 163 episodios.
While Perth is less affected by the heatwave, temperatures are forecast for 31 degrees, reaching as high as 33 degrees by Tuesday. It was a relatively warm start to the day even at dawn as the mercury failed to dip below 22 in Sydney overnight.
Asked if his father thinks Walton should not be the Lakers' head coach, Lonzo Ball said: "That's just his opinion". Along with Kuzma having a forgettable performance, the team has a whole didn't do much better.
Acer's 12-inch laptop is the first budget-friendly Chromebook of many we expect to see in early 2018, but also one of the best. Internally, this laptop uses the latest Intel Celeron chips with 4GB of memory and either 16GB of 32GB of eMMC storage.
It gave Switzerland a 1-0 lead in the final, with Federer aiming to add to the title he won in Perth with Martina Hingis in 2001. With the Australian Open just over a week away, Bouchard said she didn't think her injury was serious.
José Serrano, jefe de la Asamblea, instaló la sesión del pleno para designar el cargo de vicepresidencia. Esta decisión parlamentaria se realiza de acuerdo a los procedimientos constitucionales del Ecuador .
Each franchise is entitled to retain up to five players, under the Player Retention and the Right to Match criteria. However, in case the team decides to pay a player more than the guidance price, the higher amount will be deducted.
Así luce la distancia entre la Tierra y la Luna
Las fotos fueron tomadas con un instrumento llamado MapCam, que la sonda utilizará en Bennu para realizar cartografías. Se espera que el OSIRIS-REx llegue a su destino en diciembre de 2018.
Brutal cold snap stuns US East Coast after blizzard
At 6am on Saturday, it tied with Armstrong, Ontario, as the second coldest place in the world at minus 37C (minus 34F). In New York City, according to the National Weather Bureau, temperatures should reach 4C (40F) next week.
When is the Final Beta?
Finally, a new trailer was released today that showcases a plethora of monsters and environments that players will get to explore. If you have a PlayStation 4 , you can also get involved in the game's final beta before its console release on January 26.