Statsguru: India's Q2 GDP growth slows down to 7.1% from 8.2% in Q1

Growth in the second quarter has come in below RBI's estimate of 7.4%

After growing at an almost four-year high of 8.2 per cent in the first quarter of the current fiscal year, India’s economic growth slowed to 7.1 per cent in the second quarter. As seen in Chart 1, gross value added (GVA) also slumped to 6.9 per cent in Q2FY19, down from 8 per cent in the previous quarter.

Growth in the second quarter has come in below the Reserve Bank of India’s (RBI’s) estimate of 7.4 per cent. As seen in Chart 2, the RBI had earlier projected growth to subsequently dip to 7.1 per cent in Q3 and further to