Finance Ministry: Robust growth in manufacturing and significant acceleration in construction mark a turnaround in the country’s economic growth momentum; Heralding an improvement in the investment climate, real gross fixed capital formation is estimated to grow at a robust 7.6 percent for 2017-18, accelerating from 6.9 percent in Q2 2017-18 to 12 percent in Q3 2017-18 https://www.taxtmi.com/news?id=19673 The Second Advance Estimates revise 2017-18 annual real GDP and GVA growth upward and record a quarter on quarter acceleration, with manufacturing and construction leading the recovery. The statement highlights a substantial acceleration in real gross fixed capital formation between Q2 and Q3 that is presented as evidence of an improving investment climate. en-us Thu, 01 Mar 2018 09:48:15 +0530 Thu, 01 Mar 2018 09:48:15 +0530 TaxTMI RSS Generator Finance Ministry: Robust growth in manufacturing and significant acceleration in construction mark a turnaround in the country’s economic growth momentum; Heralding an improvement in the investment climate, real gross fixed capital formation is estimated to grow at a robust 7.6 percent for 2017-18, accelerating from 6.9 percent in Q2 2017-18 to 12 percent in Q3 2017-18 https://www.taxtmi.com/news?id=19673 The Second Advance Estimates revise 2017-18 annual real GDP and GVA growth upward and record a quarter on quarter acceleration, with manufacturing and construction leading the recovery. The statement highlights a substantial acceleration in real gross fixed capital formation between Q2 and Q3 that is presented as evidence of an improving investment climate. News - Thu, 01 Mar 2018 09:48:15 +0530 https://www.taxtmi.com/news?id=19673