 "construction, realty, workers, jobs, employment, labour, real estate, concrete, cement, buildings, high rise, migrants")
The April-June quarter GDP data, released on Monday, showed the deepest damage in the employment-creating sectors, like construction and manufacturing. This comes at a time the Centre and the Finance Ministry are talking about green shoots in the economy.
According to the data released by the National Statistical Office, the construction sector fell a staggering 50.3 per cent, while manufacturing sector contracted by 39.3 per cent, at constant prices.
New investments as a percentage of GDP, measured by gross fixed capital formation, came in at 19.5 per cent (at nominal prices), which is the lowest since the new GDP series with
