India's GDP grows 6.7 pct in April-June quarter


  • World
  • Saturday, 31 Aug 2024

NEW DELHI, Aug. 30 (Xinhua) -- India's economic growth rate reached 6.7 percent in the first quarter (April to June) of the 2024-25 fiscal year, according to government data released on Friday.

This marks a decline from the previous quarter (January to March), which recorded a growth rate of 7.8 percent.

The slowdown in growth during the April-June quarter has been attributed to underperformance in the agricultural sector, marking the slowest pace of growth in five quarters.

The previous low was recorded at 6.2 percent in January-March 2023.

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