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India’s Q2 GDP growth slips to 4.5%

Gross Domestic Product (GDP) growth, a measure of the country’s total economic output, came at 4.5% for the second quarter (Q2) of fiscal year 2019-20, as against 5% in the Q1 of FY 2019-20.

Gross value added (GVA) at basic constant (2011-12) prices for Q2 of 2019-20 is estimated at Rs 33.16 lakh crore as against Rs 31.79 lakh crore in Q2 of 2018-19, showing a growth rate of 4.3% over the corresponding quarter of previous year.

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