GST, DeMo impact behind us: Jaitley on increased GDP growth
November 30, 2017 19:04
Union Finance Minister Arun Jaitley addresses the media on gross domestic product growth figures. Excerpts:
- Last five quarters had witnessed a downward trend. GDP at 6.3 per cent marks the reversal of that trend.
- Demonetisation and GST's impact is behind us and hopefully in coming quarters, we can look for an upwards trajectory.
- The most significant aspect is the fact that this quarter's positive result has been impacted significantly by the growth in manufacturing. -- ANI
- Last five quarters had witnessed a downward trend. GDP at 6.3 per cent marks the reversal of that trend.
- Demonetisation and GST's impact is behind us and hopefully in coming quarters, we can look for an upwards trajectory.
- The most significant aspect is the fact that this quarter's positive result has been impacted significantly by the growth in manufacturing. -- ANI