That overall steady - but strong - view was supported by expectations for manufacturing activity to have slowed only slightly in May
GDP data is a critical input; we need a more capable system of measurement
Trends in the ingredients of the 'noughties' growth surge do not augur well for sustained 8 per cent plus growth in the future
Agriculture, industry to boost growth
Junaid Ahmad, country director of the World Bank, said the bank planned to lend $20 billion to $25 billion to India in the next five years
The biggest engine of growth continues to be government spending, which is supposed to grow by almost 11 percent in real terms this year
The government once again is to take the lead with 10.1% growth
Looking at sectoral growth rates, Q3 benefited from manufacturing growing by 8.1% and agriculture by 4.1%
Private consumption growth has returned to the pre-demonetisation levels but anecdotal evidence suggests otherwise
The economy is expected to grow at 6.6% in the current fiscal ending March 31, as per the second advanced estimates of the CSO, compared to 7.1% in 2016-17
India has demonstrated in the last few years that it has, even in a global environment of adversity, a potential to self correct itself, Jaitley said
What has also weighed on the economy is exports, which took a hit last year from an appreciating rupee, which strengthened 6.5% against the dollar in 2017
Gross fixed capital formation (GFCF) growth was revised to 10.1 per cent in FY17, the highest in this series, from the previously anaemic 2.4 per cent
The estimates of GDP and other aggregates for the years 2014-15 and 2015-16 have undergone revision due to use of latest available data on agricultural production
To overtake China next year after getting pipped by it in 2017-18
Advance estimates have been compiled by extrapolating numbers available for 6-8 months against the full year, so it is more of a statistical exercise and does not take into account any new information
Political mileage, should not be sole criteria for introducing radical economic policies
CSO estimates for FY18 peg GVA growth at 6.1%; hit due to poor performance of agriculture, manufacturing
Public spending is crucial because private investments have been weak
GVA pegged at 6.1%; implicit calculation suggests H2FY18 growth will be 7%, says TCA Anant