An over six-year low of 4.5 per cent
The Narendra Modi government’s bluster on the state of the Indian economy was bottled on Friday after the National Statistical Office (NSO) came out with data that showed growth in the second quarter had sunk to an over six-year low of 4.5 per cent — the slowest expansion in 26 quarters.
The sharp slowdown was triggered by a contraction in the manufacturing sector and a deceleration in agriculture, services and construction as well as in utilities, including electricity generation.
