Friday, 30 August 2019
At 5%, GDP growth hits over 6-yr low in Apr-June
The country's GDP growth slowed to an over six-year low of 5% in the April-June quarter, dragged down by manufacturing sector expansion of just 0.6%, sluggish financial services, farm and construction sectors and a slowdown in consumption. “The slowdown in growth is due to endogenous and exogenous factors,” said chief economic adviser Krishnamurthy Subramanian.
from Times of India https://timesofindia.indiatimes.com/business/india-business/at-5-gdp-growth-slumps-to-over-6-year-low-in-apr-june/articleshow/70918266.cms
from Times of India https://timesofindia.indiatimes.com/business/india-business/at-5-gdp-growth-slumps-to-over-6-year-low-in-apr-june/articleshow/70918266.cms
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