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Economic Survey

Foreign tourist arrivals decline with slowdown in services sector growth

The growth of the services sector moderated to 7.5% in 2018-19 from 8.1% in 2017-18, according to the Economic Survey tabled in the Parliament by Nirmala Sitharaman, union minister for finance and corporate affairs. The segments that saw deceleration are tourism, trade, hotels, transport, communication and services related to broadcasting, public administration and defence. According

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