INSUBCONTINENT EXCLUSIVE:
Council to the Prime Minister (EAC-PM) Bibek Debroy said on Friday that it would be incorrect to conclude that India is on a five per cent
growth trajectory on the basis of just one quarter's gross domestic product (GDP) print
cent does not mean we are on a 5-per cent growth trajectory," Mr Debroy said at the CII Banking Colloquim here.Allaying fears of an economic
downturn, he said there have been instances in the past when GDP growth fell below 5 per cent in a quarter, but recovered to 7 per cent in
the very next quarter.Mr Debroy also said GST collection has been revenue negative so far instead of being revenue neutral.Get Breaking
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