CAUSES OF ECONOMIC SLOW DOWN

CAUSES OF ECONOMIC SLOW DOWN IN THE FIRST QUARTER OF 2017-18

Economic growth slowed to 5.7 per cent in the first quarter of 2017-18 against 6.1 per cent in the same quarter of 2016-17. The main reasons for this slowdown seem to be demonetization and de-stocking by companies before introduction of GST.  Last year GDS grew by 7.9 percent in the same quarter   This slow down…

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