17 - Sep - 2020

The GDP growth of India tumbles further - at 4.5%, it is the lowest in the 6 ½ years.

As India is gripped in an economic crisis, it’s GDP continues to tumble. In the July-September quarter, the GDP growth has fallen to 4.5%. This is the lowest GDP growth since March, 2013, i.e., during the past 6 ½ years. It may be noted that the GDP growth during the previous quarter, i.e., during April to June 2019, remained at 5%. It is for sure that the GDP growth may plunge to 4% in the next quarter. It is a matter of serious concern that India, which was the fastest growing economy a few years ago, is in shatters now. Rightly, it is being said by some political critics that, India’s economy is in an ICU today.