India's GDP growth falls to 5 per cent in April-June 2019

India's GDP growth falls to 5 per cent in April-June 2019

GDP

India's GDP growth slowed down to 5 per cent in the first quarter of the financial year FY20indicating that that slowdown in the Indian economy persists.

The GDP growth fell from 5.8 per cent to 5 per cent in the April to June period in 2019.

In May, the government had announced India's GDP figures for January-March quarter of 2018-19had slipped to 5.8 per cent against 6.6 per cent in the third quarter due to poor performance in agriculture and manufacturing sectors.

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The Central Statistics Office (CSO) had said that GDP growth during 2018-19 fiscal had stood at 6.8 per centlower than 7.2 per cent in the previous financial year.

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