Impact of Demonetisation and GST on key Industrial Sectors
GST
Dated:- 3-1-2018
The growth of different sectors of an economy depends on a number of factors, including structural, external, fiscal and monetary factors (which is partly reflected by demonetisation). Therefore, it is not possible to pinpoint the impact of demonetization and GST on sectoral outputs.
India's Import and Export data (month-wise) for the Financial Years 2016-17 and 2017-18 along with growth rate is as under:
Month
Value of Import (in US $ Million)
Growth Rate (in %)
2017-18
2016-17
April
38209
25689
48.73
May
38317
28286
35.46
June
36983
30917
19.62
July
33986
29305
15.97
August
35561
29303
21.36
September
37628
31839
1
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16-17
2017-18
Q1
Q2
Q3
Q4
Q1
Q2
Manufacturing
10.8
7.9
10.7
7.7
8.2
5.3
1.2
7.0
Construction
5.0
1.7
3.1
4.3
3.4
-3.7
2.0
2.6
Note: As per estimates released by Central Statistics Office
Details of revenue generated from central excise & customs duty during the last 12 months is as under:
Sl. No.
Month
Central Excise (in Rs. Crore)
Customs Duty [On Export/ Import] (in Rs. Crore)
1
December, 2016
33159
18820
2
January, 2017
34089
18974
3
February, 2017
31927
18797
4
March, 2017
35386
21665
5
April, 2017
31817
20764
6
May, 2017
34150
22051
7
June, 2017
25007
21147
8
*July, 2017
21150
30327
9
*August, 2017
18960
31535
10
*September, 2017
18191
31217
11
*October, 2017
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