India’s quarterly GDP ‘seems disappointing’: finance minister official

Get real time updates directly on you device, subscribe now.

India’s quarterly GDP ‘seems disappointing’: finance minister official

India’s quarterly GDP ‘seems disappointing’: finance minister official
2018-12-05 14:04:46

India’s quarterly GDP ‘seems disappointing’: finance minister official 1

An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/Files

NEW DELHI (Reuters) – India’s growth in the July-to-September quarter “seems disappointing,” Economic Affairs Secretary Subhash Chandra Garg said in a tweet on Friday.

Earlier, government data showed that Asia’s third-largest economy grew a lower-than-expected 7.1 percent in the quarter on an annualised basis, from a more than two-year high of 8.2 percent in the previous quarter.

Garg, one of the finance ministry’s top officials, however, said manufacturing growth at 7.4 percent and agriculture growth at 3.8 percent were “steady”.

Reporting by Alasdair Pal; Editing by Malini Menon

Our Standards:The Thomson Reuters Trust Principles.

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.



India’s quarterly GDP ‘seems disappointing’: finance minister official
2018-12-05 14:04:46

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

Get real time updates directly on you device, subscribe now.

Comments
Loading...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Do NOT follow this link or you will be banned from the site!