Explorer
Advertisement
Slowdown impact: Quarter 2 GDP growth falls to 4.5%
A massive contraction in manufacturing, agriculture and mining activity pulled India's GDP growth rate down to 4.5 per cent in the second quarter ended September 2019-20.
This is the fifth successive quarter of decline and the slowest GDP growth rate over six years. The growth on a year-on-year basis during Q2 2018-19 had stood at 7 per cent.
On a sequential basis, the growth rate came lower than the 5 per cent in Q1 of 2019-20, 5.8 per cent in Q4 2018-19, 6.6 per cent in Q3 2018-19.
This is the fifth successive quarter of decline and the slowest GDP growth rate over six years. The growth on a year-on-year basis during Q2 2018-19 had stood at 7 per cent.
On a sequential basis, the growth rate came lower than the 5 per cent in Q1 of 2019-20, 5.8 per cent in Q4 2018-19, 6.6 per cent in Q3 2018-19.
India
Woman Dies in Mohali Building Collapse, Rescue Operations Underway
Huge Black Money Seized in Madhya Pradesh Lokayukta Raids, Over Rs 7.98 Crore Discovered
Congress Led Protest March Gains Momentum, Injured Protesters Shifted to Normal Ward
Tragic Building Collapse in Mohali: Woman Killed, Many Trapped; Police File Homicide Case
PM Modi’s Kuwait Visit: Day 2 Focuses on Security and Trade Talks
View More
Advertisement
Advertisement
Advertisement
Top Headlines
India
Business
Cities
India
Advertisement
Trending News
Sagarneel SinhaSagarneel Sinha
Opinion