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Oj Corner
Special column
by OJ George

Conduct an impact analysis
There should be an automatic mechanism to have an impact analysis on various measures taken by the Central and State governments.

How the steps taken by the government have been either beneficial or detrimental to the people, particularly the have-nots, should be assessed.

The impact analysis should convince the governments concerned to take
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Growth slides to 5.7 per cent
There is bad news for the Economy, and everything is not hunky dory.

ECONOMIC growth slowed to 5.7 per cent in the first quarter of 2017-18 against 6.1 per cent in the preceding quarter.

This was sharply below market expectations and came on the back of large-scale destocking undertaken by manufacturers ahead of the Goods and Services Tax rollout and the lingering impact of demonetisation.

The GDP recorded a growth of 7.9 per cent in April-June quarter last year. The April-June growth estimate, the lowest in at least five quarters, trended down on account of a sharp deceleration in manufacturing growth, data released by the Central Statistics Office (CSO) showed.
   
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