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Finance Ministry expects the economy to grow in the vicinity of 7.5% during the current Financial Year 2015-16

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..... Finance Ministry expects the economy to grow in the vicinity of 7.5% during the current Financial Year 2015-16 - News and Press Release Dated:- 1-12-2015 - News - The Central Statistics Office (CSO) .....

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..... released estimates of GDP and related parameters for Second Quarter of 2015-16 today. The Finance Ministry analysed the data and made its observation that the GDP growth rate in the second quarter of .....

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..... the current Financial Year 2015-16 is greater than the growth in the First Quarter. GDP growth (measured in terms of constant 2011-12 market prices) for Second Quarter (Q2) of 2015-16 is estimated to .....

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..... be 7.4 per cent. The GDP growth has picked-up from 7.0 per cent in Q1 of 2015-16. The Finance Ministry further observed that the growth is being mainly driven by pick-up in the manufacturing secto .....

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..... r, which has grown by 9.3 per cent in the Second Quarter. Similarly, the Fixed Investment is showing a sign of revival as it has grown by 6.8 per cent in the Second Quarter of current Financial Year 2 .....

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..... 015-16. Further, the Service Sector growth is still robust at 8.8 per cent in Q2 of 2015-16, with the trade and transport services leading the way. Overall, the Ministry is expecting the economy to gr .....

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..... ow in the vicinity of 7.5 per cent in FY 2015-16. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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