UPSC Current – Economy recovering faster than expected
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.
- 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.