Economists paint a grim picture, lower India's FY20 GDP growth forecast

Topics GDP growth | India GDP

With the economic growth rate plunging to a 25-quarter low of 5% in the first quarter of the current financial year, think tanks and economists have cut their projection of the gross domestic product expansion for 2019-20.

Earlier, their predictions were close to 6.8%, which was recorded in 2018-19. Now, it is way lower.



Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel