Pre-GST de-stocking has impacted manufacturing sector growth: Arun Jaitley

The Q1 GDP numbers are concerning the government, Finance Minister Arun Jaitley said today. He said the GDP data from Q1 challenges the government to revive and improve the growth rate. India's GDP growth slumped to a three-year low of 5.7 per cent during April-June. Manufacturing growth has gone down from 3.1 per cent to 1.6 per cent. Jaitley reasoned that the decline is due to the impact of GST…