UPSC Current – Economy recovering faster than expected
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Economy Recovering Faster Than Expected
Why in News?
The economy is coming back on track sooner than expected as said by Union Minister of Information Broadcasting Prakash Javadekar.
Main pointers
- The October data has shown 1.05 Lac crore GST collection.
- This collection is 10% higher than the GST collected last year October.
- The power demand is also increased by 12% which also is an indication of returning to normalcy.