Farming, industry may pull down GDP growth to 7.2-7.3% in Q2 of FY19

Lower growth rate anticipated after country clocks a nine-quarter high of 8.2 per cent rate in Q1 of 2018-19

After clocking a nine-quarter high of 8.2 per cent rate of growth in Q1 of 2018-19, the Indian economy is likely to slowdown in the quarters ahead. Most agencies, including the government, the World Bank and the International Monetary Fund, have pegged the full-year growth rate at 7.3-7.5 per cent.

In such a scenario, the growth rate in the country's gross domestic product (GDP) in the second quarter is likely to be around 7.2-7.3 per cent. Gross value added (GVA) is likely to grow 7.1-7.2 per cent during the quarter against eight per cent in the first quarter, on lower