Current Affairs - Economy - Discussion

In Q2 FY 2024-25, India’s GDP growth rate slowed to 5.4%, marking the slowest growth in seven quarters. This represents a decrease from 6.7% in the previous quarter (Q1 FY 2024-25) and an 8.1% growth in the same period last year (Q2 FY 2023-24). The decline reflects a broad slowdown across various sectors, including manufacturing, mining, and utilities, despite improvements in services such as public administration and trade. The slowdown is a significant indicator of the challenges faced by the Indian economy in this period.