Slowdown in Economic Growth: India’s Sep-quarter GDP growth slips to 4.5%, the lowest in over six

  • India’s GDP growth has been recorded at 4.5 per cent for second quarter (Q2) of financial year 2020 (FY20). The last time India witnessed a GDP growth of less than 5 per cent was in the fourth quarter of FY13, when it grew at 4.3 per cent. Economic growth is defined as an increase in the production of goods and services over a specific period.
  • The GDP growth for the second quarter of Financial Year 2019-2020 is 4.5%, the lowest in the last six years, for which a decline in private consumption and investment are the factors primarily responsible. The aggregate ....
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Indian Economy