For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

India's economic growth may slip to 4.8%: Ficci

By Religare
|

India's economic growth may slip to 4.8%: Ficci
A Ficci survey has showed that economic growth for the current fiscal may slip to 4.8 per cent from 5 per cent estimated earlier, reported PTI. "Industrial sector has remained weak for the current fiscal owing to persistent weak demand and lackadaisical investments," the Ficci survey said.
 

It also said factory output is estimated to grow by 1.5 per cent during the fiscal as against the previous projection of 1.7 per cent.

Results of Ficci's latest Economic Outlook Survey point towards continued signs of moderation in economic activity and the results "indicate GDP growth to slow down to 4.8 per cent in the current fiscal, which is marginally lower than the 5 per cent estimate put out in the last survey".

Dion Global Solutions Ltd.

Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more