Business Standard

Sep quarter growth was on the expected lines, Q3 to be worse: Chidambaram

India's economic growth slipped further to hit an over-six-year low of 4.5 per cent in the July-September quarter, according to official data released on Friday

P Chidambaram
Premium

P Chidambaram

Press Trust of India New Delhi
Senior Congress leader P Chidambaram on Saturday said the lower GDP growth rate of 4.5 per cent was as predicted but warned that third quarter will be worse.

India's economic growth slipped further to hit an over-six-year low of 4.5 per cent in the July-September quarter, according to official data released on Friday.

"As predicted widely, GDP growth in Q2 has come lower at 4.5 per cent. Yet the Government says 'All is well'. Q3 will not be more than 4.5 per cent and in all likelihood will be worse," Chidambaram said in a tweet posted by his family on

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 30 2019 | 2:22 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com