The country's economy is estimated to slow to a 4-year low of 6.5% in 2017-18, dragged down by sluggish manufacturing and farm sectors and the impact of rollout issues linked to the Goods & Services Tax (GST) and demonetisation on businesses but most economists said they expect the number to be revised upwards as the second half of the fiscal year is expected to fare better.
The country's economy is estimated to slow to a 4-year low of 6.5% in 2017-18, dragged down by sluggish manufacturing and farm sectors and the impact of rollout issues linked to the Goods & Services Tax (GST) and demonetisation on businesses but most economists said they expect the number to be revised upwards as the second half of the fiscal year is expected to fare better.