Lower 2nd qtr GDP a temporary blip, eco to improve in coming qtrs

India has seen 'steady and sustained' growth and its GDP growth has averaged 8.3% in last three years

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Finance Minister Nirmala Sitharaman on Tuesday said the lower-than-expected GDP growth of 5.4 per cent in the second quarter was a "temporary blip" and exuded confidence that the economy will see healthy growth in the coming quarters.

Replying to a debate in the Lok Sabha on the first batch of Supplementary Demands for Grants, she said India has seen "steady and sustained" growth and its GDP growth rate has averaged 8.3 per cent in the last three years.