Country's economic growth recorded 7.1% in first quarter of current fiscal
Posted on:03 Sep 2016 09:55:25
03 September 2016 Current Affairs: The country's economy grew at 7.1% in the April to June quarter of the current fiscal.
This is the slowest growth in the last six quarters and was mainly due to the subdued performance of the mining, construction and farm sectors.
GDP had expanded 7.5 % growth in the year-ago quarter, and 7.9% in the January to March 2016 quarter. According to data released by the Central Statistics Office, growth in the farm sector was 1.8 % , and in construction it was 1.5 % during the quarter under review. But manufacturing sector growth accelerated to 9.1 % .
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail