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GDP growth may slip to four-year low
The New Indian Express Anantapur
|January 08, 2025
The Indian economy is slowing and is likely to post the weakest GDP growth numbers since 2021-22, according to the first advance estimate by the National Statistics Office (NSO).
The NSO data, released on Tuesday, show that real GDP growth in FY25 is likely to have decelerated to 6.4% compared to 8.2% in the previous financial year.
NSO's estimate for FY25 is lower than the 6.6% growth forecast by the Reserve Bank of India.
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