WORLD

India's GDP Grows 6.7 Pct In April-June Quarter

31/08/2024 11:30 AM

NEW DELHI, Aug 31 (Bernama-Xinhua) -- India's economic growth rate reached 6.7 per cent in the first quarter (April to June) of the 2024-25 fiscal year, according to government data released on Friday, reported Xinhua.

This marks a decline from the previous quarter (January to March), which recorded a growth rate of 7.8 per cent.

The slowdown in growth during the April-June quarter has been attributed to underperformance in the agricultural sector, marking the slowest pace of growth in five quarters.

The previous low was recorded at 6.2 per cent in January-March 2023.

-- BERNAMA-XINHUA


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