Cash squeeze, GST launch issues push GDP growth to below 6 per cent

Construction and financial services sectors recorded a slowdown in growth with the GVA for “financial, insurance, real estate and professional services” sector growing at 6.4 per cent, down from 9.4 per cent last year. GVA growth for the construction sector also declined to 2.0 per cent in April-June from 3.1 per cent last year.

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