Senior Congress leader P Chidambaram on Saturday said the lower GDP growth rate of 4.5 per cent was as predicted but warned that third quarter will be worse.
India's economic growth slipped further to hit an over-six-year low of 4.5 per cent in the July-September quarter, according to official data released on Friday.
"As predicted widely, GDP growth in Q2 has come lower at 4.5 per cent. Yet the Government says 'All is well'. Q3 will not be more than 4.5 per cent and in all likelihood will be worse," Chidambaram said in a tweet posted by his family on