Daily O

Budget 2018: GDP growth to slump to 4-year-low is bad news for Modi government

According to Central Statistical Organisation data, economic growth is expected to slow down to 6.5 per cent in 2017-18.

India's gross domestic product (GDP) is expected to grow at 6.5 per cent this fiscal (2017-18) from 7.1 per cent last fiscal - a four-year low - according to the first advance estimates of the Central Statistics Office. The advance estimate for Gross Value Added (GVA) is estimated at 6.1 per cent for 2017-18, down from 6.6 per cent in the previous financial year.

The reasons for the

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