<span style="color: #000000; font-family: verdana; font-size: 12px; text-align: justify;">Indian&nbsp;economy&nbsp;grew 7(point)7 per cent in the fourth quarter of 2017-18. The GDP had expanded 5.6 per cent, 6.3 per cent and 7 per cent, in the first three quarters of 2017-18.<br style="color: #000000; font-family: verdana; font-size: 12px; text-align: justify;" />''<br style="color: #000000; font-family: verdana; font-size: 12px; text-align: justify;" />''According to the data released by Central Statistics Office today, robust performance in manufacturing, construction and service sectors as well as good farm output contributed to the overall growth.<br style="color: #000000; font-family: verdana; font-size: 12px; text-align: justify;" />''<br style="color: #000000; font-family: verdana; font-size: 12px; text-align: justify;" />''However, the economic growth slowed to 6.7 per cent in 2017-18 compared to 7.1 per cent in 2016-17.<br style="color: #000000; font-family: verdana; font-size: 12px; text-align: justify;" />''<br style="color: #000000; font-family: verdana; font-size: 12px; text-align: justify;" />''The previous high GDP growth of 8.1 per cent was recorded in first quarter of 2016-17. The GDP growth was 6.1 per cent in fourth quarter in 2016-17.<br style="color: #000000; font-family: verdana; font-size: 12px; text-align: justify;" />''<br style="color: #000000; font-family: verdana; font-size: 12px; text-align: justify;" />''Meanwhile, the government today said, it is keeping its forecast of GDP growth of 7.5 per cent for fiscal year 2018-19 unchanged.</span>
News On AIR | May 31, 2018 9:23 PM
Indian economy grows 7.7 pc in fourth quarter