https://www.taxtmi.com/news?id=740 Advance estimates project GDP at factor cost to grow 7.1 per cent in 2008-09, with agriculture slowing to 2.6 per cent, industry to 4.8 per cent and services remaining strongest at 9.6 per cent. On the demand side, private consumption moderates while government consumption rises sharply, partially offsetting the decline; gross fixed capital formation decelerates. Nominal per capita income growth outpaces real per capita income growth, reflecting slower real income expansion. en-us Tue, 10 Feb 2009 13:03:40 +0530 Tue, 10 Feb 2009 13:03:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=740 Advance estimates project GDP at factor cost to grow 7.1 per cent in 2008-09, with agriculture slowing to 2.6 per cent, industry to 4.8 per cent and services remaining strongest at 9.6 per cent. On the demand side, private consumption moderates while government consumption rises sharply, partially offsetting the decline; gross fixed capital formation decelerates. Nominal per capita income growth outpaces real per capita income growth, reflecting slower real income expansion. News - Tue, 10 Feb 2009 13:03:40 +0530 https://www.taxtmi.com/news?id=740