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.
\n India's Import and Export data (month-wise) for the Financial Years 2016-17 and 2017-18 along with growth rate is as under:
\nMonth
\nValue of Import (in US $ Million)
\nGrowth Rate (in %)
\n2017-18
\n2016-17
\nApril
\n38209
\n25689
\n48.73
\nMay
\n38317
\n28286
\n35.46
\nJune
\n36983
\n30917
\n19.62
\nJuly
\n33986
\n29305
\n15.97
\nAugust
\n35561
\n29303
\n21.36
\nSeptember
\n37628
\n31839
\n1<\/p>\n
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\n2017-18
\nQ1
\nQ2
\nQ3
\nQ4
\nQ1
\nQ2
\n Manufacturing
\n10.8
\n7.9
\n10.7
\n7.7
\n8.2
\n5.3
\n1.2
\n7.0
\n Construction
\n5.0
\n1.7
\n3.1
\n4.3
\n3.4
\n-3.7
\n2.0
\n2.6
\n Note: As per estimates released by Central Statistics Office
\nDetails of revenue generated from central excise & customs duty during the last 12 months is as under:
\nSl. No.
\nMonth
\nCentral Excise (in Rs. Crore)
\nCustoms Duty [On Export\/ Import] (in Rs. Crore)
\n1
\nDecember, 2016
\n33159
\n18820
\n2
\nJanuary, 2017
\n34089
\n18974
\n3
\nFebruary, 2017
\n31927
\n18797
\n4
\nMarch, 2017
\n35386
\n21665
\n5
\nApril, 2017
\n31817
\n20764
\n6
\nMay, 2017
\n34150
\n22051
\n7
\nJune, 2017
\n25007
\n21147
\n8
\n*July, 2017
\n21150
\n30327
\n9
\n*August, 2017
\n18960
\n31535
\n10
\n*September, 2017
\n18191
\n31217
\n11
\n*October, 2017\n<\/p>\n
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