-The New Indian Express
The latest growth print also implies that restoring both India’s fastest growing economy tag and the ballyhooed USD 5-trillion target will be further delayed
It’s official.
India’s economy has been reduced from flesh to bone with September quarter GDP growth crashing to a 26-quarter-low of 4.5 per cent. Just a quarter before, it grew at 5 per cent, which now appears respectable than the latest print.
The Central Statistics Office’s (CSO) big numerical reveal on Friday also showed that gross value added fell with an intimidating speed to 4.3 per cent, a level last seen way back in 2013. It was in March, 2013 that GDP stood at 4.3 per cent.
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