Did you think that the implementation of 6CPC recommendations have drained Government money ? Affected our economy badly ? Then it's the other way.
A recent report on economic growth says that 6CPC had helped Indian economy from a steep fall. The current projection 5.3% GDP growth (against 7.6 % in the previous quarter) is below the most conservative projections. But there are a few signs of improvement.
The fall in growth would have been worse, but 6CPC gave a boost to public consumption (upto 24.6 % ), offsetting the deceleration in private consumption.
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