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GDP figure for Quarter 2 out Today: Better Growth Rate expected than the Previous Quarter
December 01, 2017
With the GDP figures out today, the central government is expecting the growth rate to be accelerated in the second quarter (July – September) overcoming the troubles after GST launch. The growth rate for Indian GDP in the first quarter of this economic year has been 5.7 and it is likely to rise to 6.4 for the second quarter. It will be an improvement over the last quarter, however it will still lag behind the quarterly growth of China and Indonesia for July-September quarter, which are 6.8 and 6.9 percent respectively.
