E-way bill generation rises nearly 6% in July, signals steady goods movement
New Delhi, Aug. 10 -- Generation of electronic permits for goods shipments within and across states rose nearly 6% from a year earlier to 139.8 million in July, even as growth slowed sharply from the preceding two months.
The July tally was the second-highest monthly figure on record and marked the fourth consecutive month in which e-way bill generation crossed 130 million, according to data from the goods and services tax (GST) e-way bill system. Sequentially, generation rose 2.21% from 136.8 million in June.The moderation was notable: year-on-year growth in e-way bills had accelerated 14.5% in June and 10.9% in May.
"India continues on its economic journey. Though supply chains have been hampered by the geopolitical skirmishes, the co...
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