Name: GDP recovering to 6.3% doesn't mean Indian economy is out of the woods
Uploaded: 2017-12-01T18:45:15+0000
Channel: Shweta Punj
Description: Slow growth in agriculture and construction, which are key drivers of job growth, remains a concern.

Money

Latest GDP data shows that economy has turned a corner but slow growth in agriculture and construction remain issues that need to be addressed.

&lt;p id='p_1'&gt;India's economic growth bounced back in the July-September quarter to reverse a five-quarter slowdown as businesses overcame the teething troubles of the newly launched Goods and Services Tax regime and shock demonetisation of high-value currency. Gross domestic product grew to 6.3 per cent in the second quarter of 2017-18, its fastest pace in three quarters, data released by the Central Statistics Office on Thursday (November 30) showed.&lt;/p&gt;

GDP recovering to 6.3% doesn't mean Indian economy is out of the woods

Slow growth in agriculture and construction, which are key drivers of job growth, remains a concern.