India's GDP growth dips to 4.5 pc in July-September

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NEW DELHI: According to official data released on Friday, India's economic growth slipped further to hit an over six-year low of 4.5 per cent in July-September.

 

The previous low was recorded at 4.3 per cent in the January-March period of 2012-13.

The Gross Domestic Product (GDP) growth was registered at 7 per cent in the corresponding quarter of 2018-19.

During the six-month period (April-September 2019), the Indian economy grew 4.8 per cent as against 7.5 per cent in the same period a year ago.

The Reserve Bank had lowered the GDP growth projection for 2019-20 to 6.1 per cent from an earlier forecast of 6.9 per cent.

 

With inputs from PTI

Image credit: The Tribune

 

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