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Economists paint a grim picture, lower India's FY20 GDP growth forecast

Earlier, their predictions were close to 6.8%, which was recorded in 2018-19

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1 min read Last Updated : Sep 11 2019 | 2:37 AM IST

With the economic growth rate plunging to a 25-quarter low of 5% in the first quarter of the current financial year, think tanks and economists have cut their projection of the gross domestic product expansion for 2019-20.

Earlier, their predictions were close to 6.8%, which was recorded in 2018-19. Now, it is way lower.

Topics : GDP growth India GDP

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