India's Economic Growth At 6-Year Low, GDP Expands 5% In June Quarter
NDTV Published on Aug 30, 2019
India's GDP or gross domestic product grew 5 per cent in the quarter ended June 30, government data showed on Friday, marking the slowest pace of expansion recorded since March 2013. The country's GDP growth was sharply lower than economists' estimates. Economists in a poll by news agency Reuters had expected the GDP growth at 5.7 per cent in the first quarter of the current financial year.
The Central Statistics Office today released the gross domestic product numbers for April-June quarter, which showed India’s GDP expanded 5% in the quarter through June - the slowest pace in six and half years.