The Indian economy grew at a five-quarter high of 7.2% in the October-December period reflecting overall recovery due to good show by agriculture, manufacturing, construction and certain services. The economy is expected to grow at 6.6% in the current fiscal ending March 31, as per the second advanced estimates of the Central Statistics Office (CSO).
The earlier estimate was 6.5%. The growth for the second quarter (July-September) has been revised upwards to 6.5%, from 6.3% estimated earlier by the CSO. The previous high was recorded at 7.5% in the July-September quarter of 2016-17.
Source- DD News
Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
- Arun Jaitley is the Present Finance Minister of India.
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