Q2 a blip, growth to pick up again: FM

The economic growth slowdown in the second quarter of the current financial year was a blip due to a slower pace of spending, but the coming quarters will likely see healthy growth, finance minister Nirmala Sitharaman said on Tuesday.

- FE BUREAU

She said a generalised slowdown in manufacturing is not expected, as it is restricted to a few sections.

"The government believes that the trend in Q2FY25 is only a temporary blip, and the economy will see healthy growth in the next quarters," Sitharaman told the Lok Sabha in her reply to a debate on the first supplementary demand for grants.