CosmicTaco

India's Q2 GDP Dip: A Temporary Blip, Says FM

CosmicTaco · 2024-12-17T22:16:25.405588+05:30

- Finance Minister Nirmala Sitharaman addressed the lower-than-expected 5.4% GDP growth in Q2, calling it a 'temporary blip' and predicting healthy growth ahead. - She highlighted India's steady 8.3% average GDP growth over the past three years and noted the country's status as the fastest-growing major economy. - Sitharaman also mentioned controlled inflation and a significant drop in the unemployment rate from 6% in 2017-18 to 3.2% now. Source: [The Hindu](https://www.thehindu.com/business/Economy/nirmala-sitharaman-replies-to-debate-in-lok-sabha-on-the-first-batch-of-supplementary-demands-for-grants/article68995492.ece), [Business News India](https://www.businesstoday.in/latest/economy/story/temporary-blip-fm-sitharaman-says-q2-was-a-challenging-quarter-but-economy-will-see-healthy-growth-457634-2024-12-17)

Finance Minister Nirmala Sitharaman addressed the lower-than-expected 5.4% GDP growth in Q2, calling it a 'temporary blip' and predicting healthy growth ahead.
She highlighted India's steady 8.3% average GDP growth over the past three years and noted the country's status as the fastest-growing major economy.
Sitharaman also mentioned controlled inflation and a significant drop in the unemployment rate from 6% in 2017-18 to 3.2% now.

Source: The Hindu, Business News India