Economic Survey: Silver linings amid slower growth, export woes linger

The growth rate of the economy is expected to come down. One constant is the services sector that continues to outperform with a higher contribution than in previous years, though growth is slower than before. Tax revenue’s continued growth, meanwhile, is led by direct taxes.
 

Export woes linger 

There has been a continued moderation in merchandise exports amid a challenging global trade environment. 

Services exports have also slowed after growing in double digits for two years in a row. Limited external debt has been a positive.