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Slow 7.1% Q2 GDP growth on policy uncertainty, experts disappointed

The rate of economic growth in the same quarter last year had been 6.3%

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A worker uses a welding torch to weld an iron machine at the construction site of a flyover in New Delhi. Photo: Reuters.

BS Web TeamAgencies
India's gross domestic product (GDP) growth rate slowed to 7.1 per cent in the July-September quarter, weakening from 8.2 per cent in the previous quarter, just as Prime Minister Narendra Modi-led central government gets set for the Lok Sabha elections next year. The rate of economic growth in the same quarter last year had been 6.3 per cent.

Subash Chandra Garg, Secretary, Department of Economic Affairs, said that the Gross Domestic Product (GDP) growth in the second quarter of 2018-19 was disappointing, however, he said that half-year growth at 7.4 per cent was robust and healthy. 

Rupa