India’s real or inflation-adjusted gross domestic product (GDP) grew at 5 per cent in the June 2019 quarter of financial year 2019-20 (Q1FY20), the slowest growth in six years (25 quarters). In nominal terms, the growth stood at 7.99 per cent, lowest since December 2002.
With this, fears of the slowdown being a more structural one than a cyclical one have surfaced.
Source:https://www.business-standard.com/article/economy-policy/cyclical-or-structural-decoding-the-nature-of-india-s-economic-slowdown-119090300158_1.html
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India’s real or inflation-adjusted gross domestic product (GDP) grew at 5 per cent in the June 2019 quarter of financial year 2019-20 (Q1FY20), the slowest growth in six years (25 quarters). In nominal terms, the growth stood at 7.99 per cent, lowest since December 2002. With this, fears of the slowdown being a more structural one than a cyclical one have surfaced. Source:https://www.business-standard.com/article/economy-policy/cyclical-or-structural-decoding-the-nature-of-india-s-economic-slowdown-119090300158_1.html