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Note ban pulls down Q3 GDP growth in India to 7%

February 28,2017  

Note ban pulls down Q3 GDP growth in India to 7 per cent
Note ban pulls down Q3 GDP growth in India to 7 per cent, Reflecting a marginal impact of the November demonetisation measure, India's GDP for the third quarter ended December, estimated at Rs 30.28 lakh crore.

NEW DELHI: Reflecting a marginal impact of the November demonetisation measure, India's GDP for the third quarter ended December, estimated at Rs 30.28 lakh crore, recorded a growth of 7 per cent, compared with 7.3 per cent in the second quarter, official data showed on Tuesday.