Another quarter with below 5% GDP growth

The GDP growth in the last quarter of 2019 was 4.75%, according to a Reuters poll of economists. It is expected to be at 4.5% in Q3FY20. The govt is going to release official GDP growth data for the December-ended quarter on February 28, 2020. The Indian economy grew at a 6-year low this year. In budget 2020, govt announced a number of changes to boost the economy. The RBI has also cut policy rates since February 2019. But the economy is facing a slowdown for some time now.

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