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Podcast: businessline's State of the Economy Podcast
Episode: Theme: Macroeconomy | What does the slower GST growth rate mean for India's economic health?
Description: In this State of the Economy podcast, businessline’s Shishir Sinha and Achala Jethmalani, Economist, RBL Bank, discuss various high-frequency economic indicators and their implications on the macro economy. The conversation covers several key areas including GST collections, PMI manufacturing, employment trends, wholesale price index, fiscal deficit, and retail inflation. Jethmalani mentions that while the growth rate for GST collections has slowed to 7.7 per cent, the absolute numbers remain strong at 1.7 lakh crore. She attributes this to possible election-related activity slowdown.  The PMI manufacturing index shows positive signs with a reading close to 60. She highlights that...