Thursday 1 September 2016

GDP down to 7.1%

GDP growth slowed to 7.1% for the Q1 (April-June) of 2016-17. It is the lowest in the last 6 quarters. However, India is still the fastest growing major economy while China stands second at 6.7%.

In this post, I will analyse the GDP figures sector-wise to figure out the reasons for underperformance of Indian economy in April-June Quarter.