India No Longer World’s Fastest Growing Economy

  • India lost the world’s fastest-growing economy title to China. India had been ahead of China for two years.
  • India registered 6.3% whereas China recorded a growth of 6.4% in the March Quarter, 2019..
  • The country’s economic growth rate of India slowed to 5.8% during the fourth quarter of 2018-19 due to low agriculture and mining output along with subdued consumer demand.
  • According to government data, India’s economy has grown at its slowest pace in almost five ....
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