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Economy

Q2 GDP data shows economic growth may be slow for long

Updated : December 02, 2019 07:09 AM IST

The Q2 GDP data shows that the manufacturing sector is actually in recession.
Capital formation for the half-year April-September is up only 4 percent versus 16.7 percent in the same period last year.
The tax revenues from April-October have grown by just 1.2 percent against the asking rate of 11 percent.
Q2 GDP data shows economic growth may be slow for long
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