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! "# *+,! ! "# !"# "'('"() !"#$%& *"#%+ 2*"4! % $ % &&' ( 5444 5 $ ' '5' & ' ) &) ' 5 & $ 5& 5 6 ' % 7 6 -+ + ./ /01 - &2,+ ## $ % &' $() *+& "' barometer of investment, at 20 and 7.3-7.5 per cent for the constant (2011-12) prices was second half — with risks some- he faltering Indian economy estimated at 11.66 lakh crore in what tilted to the downside,” RBI ! Tplunged to a seven-year-low the first quarter as against 11.21 had said in the monetary poli- in terms of GDP growth rate lakh crore a year ago. cy statement. which has come down to 5 per The decline in the growth The continuous fall in the " ! cent for the April-June quarter of was by and large anticipated but GDP shows that the country has 2019-20. The GDP figure was few had expected such sharp col- still not recovered from the dis- announced soon after Finance lapse in the economy. Several astrous fallout of the demoneti- Minister Nirmala Sitharaman foreign rating agencies have sation which sucked out liquid- announced mega merger of pub- already cut India’s growth fore- ity from the system and slowed he agricultural growth has lic sector banks to arrest the cast and pegged it below 7 per down consumption in various Tdropped to 2 per cent in the growth deceleration. cent for the ongoing fiscal. sectors. The hasty implementa- first quarter of 2019-20, down Both the announcement China, which is in the midst tion of the GST, which had to be from 5.1 per cent during the may have been prescheduled, but of an intense trade war with the tinkered with several times since same period last fiscal, as per the fact remains that in the US, has done far better than its inception, is also seen as a the data released by the know of the GDP calculations, India despite the adverse eco- major culprit for pulling down Ministry of Statistics and the Government has swung into nomic climate. China’s eco- the GDP. Programme Implementation. action and announced a series of nomic growth was 6.2 per cent The falling economy has led Crops, including fruits and measures to deal with the alarm- in April-June quarter of 2019, to flight of foreign investment vegetables, account for about 53 ing decline in the economy. which was the weakest expan- from the country and weaken- per cent, the livestock products Sitharaman, who had last sion in 27 years. It is obvious that ing of Rupee. Post-Budget, the 32 per cent, and forestry and week announced tax sops and ! ! the “dragon” remains way ahead stock market has seen major cor- fisheries 15 per cent share of measures for sectors such as auto, "# # $ % & of India. rection and the foreign institu- Gross Value Added ( GVA announced merger of ten banks The RBI had marginally tional investors continued to includes taxes, but excludes tor has dropped to 2 per cent into four new sets of banks — lowered the GDP growth pro- dump shares despite the subsidies) in agriculture, in the first quarter due to Punjab National Bank, Oriental The GDP collapsed due to a cal from 12.1 per cent expansion per cent a year ago. jection for 2019-20 to 6.9 per Government announcing a forestry, fishing sector. slowdown in economy. Bank of Commerce and United sharp fall in the manufacturing a year ago. Similarly, farm sector “GDP at Constant (2011-12) cent from 7 per cent projected series of steps to placate them. As per the latest kharif “Extreme weather seems to Bank of India will combine to sector and sluggish agriculture GVA growth remained subdued Prices in Q1 of 2019-20 is esti- earlier in the June policy, and Beset with such grim sce- crops cultivation report, sow- have an impact on farmer form the nation’s second-largest output, according to official data at 2 per cent as compared to 5.1 mated at 35.85 lakh crore, as underlined the need for address- nario, the Government on ing of kharif crops is expected incomes and growth rate. Due lender; Canara Bank and released on Friday. The previous per cent in the corresponding against 34.14 lakh crore in Q1 ing growth concerns by boost- Friday unveiled a mega plan to to be lowered by 17.67 per cent to this, consumption has been Syndicate Bank will merge; low was recorded at 4.9 per cent period of the previous fiscal. of 2018-19, showing a growth ing aggregate demand. merge 10 public sector banks till date. Both Skymet and reduced. The slowdown in Union Bank of India will amal- in April-June 2012-13. Construction sector GVA rate of 5 per cent,” the National “Real GDP growth for 2019- into four as part of plans to cre- CRISIL Research have pro- economy impacted the food- gamate with Andhra Bank and The gross value added growth too slowed to 5.7 per cent Statistical Office (NSO) said in 20 is revised downwards from 7 ate fewer and stronger global- jected lower kharif yield due to grain production in the current Corporation Bank; and Indian (GVA) growth in the manufac- from 9.6 per cent earlier. a statement. per cent in the June policy to 6.9 sized lenders as it looks to boost flood and excessive rain. crop year. This also means Bank will merge with Allahabad turing sector tumbled to 0.6 per However, mining sector growth Gross Fixed Capital per cent — in the range of 5.8- economic growth from a five- According to officials of India is no longer the fastest Bank. cent in the first quarter of this fis- climbed to 2.7 per cent from 0.4 Formation (GFCF), which is a 6.6 per cent for first half of 2019- year low. Agriculture Ministry, the growing major economy in growth rate in agriculture sec- the world,” said officials. ( ) & * +' " is being discussed all over the country. With these things, you tell your voters on the booth label so that they can know the working style of BJP. In order to reach the top in BJP, workers do not have to be born in a particular fami- ly. A member of a poor fami- JP National Executive ly can also become Prime + !' !' $ , BPresident Jagat Prakash Minister, Chief Minister. But ' Nadda today exhorted party other parties do not have it. " workers to put their all out There is no politics of dynasty, efforts for Assembly elections libel and sectism in the BJP. in State so that the party can We are in favour of the poli- cross the target of 65 plus seats tics of development,” he added. ! # % " "+ !' ! in 81-member Assembly. While Union Minister Arjun ' $ , ' addressing a workers confer- ' ' $ Munda said on the occasion " ence in Lohardaga, Nadda said ' $ " ' $ & ! # that BJP is creating new his- cting Chief Justice of that the BJP has been breaking ! $ ( % " $ tory with its traditional cul- AJharkhand High Court subordinate courts across on Friday. Chief Minister its own records and with the " #$!! ture. “We are following the Prashant Kumar breathed his Jharkhand were withheld on Raghubar Das took to Twitter to dedication of workers it will " principles of Dr. Syama Prasad last on Friday morning while Friday. His body was brought to offer his condolences. “I offer surely win Jharkhand, West bership campaign that was crores families and 55 crores * " Mookerjee. The Kashmir, for undergoing treatment at a pri- the court premises in the after- my condolences on the demise Bengal, Odisha, Kerala, launched after the formation of people have joined Ayushman which Shyam Prasad launched vate hospital in Ranchi. Sixty- noon, from where it was taken of the Acting Chief Justice of Tamilnadu and Telangana. the government has added Bharat, 14 crores farmers were a revolution, the Prime one year-old Kumar was keep- to the cremation ground. Jharkhand High Court, On the first day of his more than 5.81 crore new provided 87 crores under analysis. This was possible Minister demonstrated the ing unwell since a long time. Kumar was appointed as Prashant Kumar ji. May God two-day visit to poll bound workers in the BJP in 56 days. Krishi Samman Nidhi Yojana, due to hard work of party creative power and replaced Hospital authorities said that he the Acting Chief Justice of provide strength to his Jharkhand, Nadda addressed “This is the number of mem- 3 crores pension of 14 crores workers. Now in the 2019 with two symbols with one. I suffered a kidney failure and Jharkhand High Court on June (Kumar’s) family at this tough workers conference in bers registered so far. But, if we farmers, 3 thousand rupees Assembly elections, we all started the Adi Mahotsav in was surviving on dialysis. 7, 2019. Born on July 1, 1958 in time,” Das tweeted. Lohardaga and Gumla on count other registered mem- pension of 2 crore retail shop- workers have to show the Leh Ladakh and told that He was admitted at Chapra, Bihar, he started his Jharkhand Mukti Morcha Friday asking them to gird bers in the coming days, this keepers have been ensured. same dedication and honesty. India is one. Now you work- Bhagwan Mahavir Medica career as an advocate in erst- (JMM) Supremo Shibu Soren loins for the Assembly polls. “It number will reach about 7 Eight crore women were freed We have to go beyond 65 ers should be ready for the Superspecialty Hospital on while Bihar in 1980. He was and his son, the Leader of is due to your dedication and crores. In these 56 days, 1.85 from smoke by giving them while doing politics of service.

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