FM: GDP slowdown in Q2 not systemic, Q3 to compensate
The Free Press Journal|December 07, 2024
The GDP slowdown in September quarter was not "systemic" and the economic activity in third quarter, with better public expenditure, is likely to compensate for the moderation, Finance Minister Nirmala Sitharaman said on Friday.
FM: GDP slowdown in Q2 not systemic, Q3 to compensate

India recorded a 7-quarter low GDP growth of 5.4 per cent in July-September FY25. In the first quarter, the growth was 6.7 per cent.

"It is not a systemic slowdown. It is more of absence of activity on public expenditure, capital expenditure and so on...I expect Q3 to make up for all these," Sitharaman said at an event here.

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