India's GDP growth falls to 4.5% in second quarter, lowest since March 2013
Megha Jain
Content Head
Image Credit: shortpedia
In the second quarter of the year 2019-20, the Gross Domestic Product growth fell to 4.5% as compared to 5% in the first quarter. The current numbers stand at a 26-quarter low and GDP Growth is slowest since March 2013. The previous low of 4.3% was seen during January-March 2012-13. Reportedly, the slowdown was due to weak consumer demand, slowing factory activities and negative impacts of the prolonged monsoon.
