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The writer is currently the RBI Chair Professor at Utkal University and former Head of the Monetary Policy Department of RBI. Views are personal.
Q2 GDP growth at 5.4%: Growth slowdown cyclical or policy-driven?
According to the RBI's assessment, the slow growth in H1FY25 was temporary, attributed to inadequate public spending in Q1FY25 due to the general election and excess rainfall in Q2FY25
