GDP slumps to 4.5% in Q2 FY20; things will improve in second half of current fiscal, says FICCI
India's economic growth has slowed to 4.5 per cent in the July to September quarter from 7.1 per cent in the corresponding period of last year, said the government data on Friday (November 29). The slowdown in Q2 FY20 was largely due to a sharp dip in the manufacturing sector and agriculture output, said the Ministry of Statistics and Programme Implementation in a statement.
Nov 29, 2019, 22:19 PM IST