India's GDP growth at 4.7% in Q3 of FY2020, marginal improvement over Q2

Published On: Saturday, February 29, 2020 | By: Team KnowMyStock

India’s GDP growth in the October-December quarter of 2019 (Q3 of FY20) stood at 4.7 percent, as per the data released by the Central Statistics Office (CSO) on 28th Feb. The data also showed that projections for economic growth in FY2020 had been at 5 percent in the second advance estimates. The rate of the country’s economic growth had stood at a six-year low of 4.5 percent in the previous quarter (Q2) and 6.6 percent in the same quarter a year earlier (Q3 of FY19). India’s GDP growth in FY2019 had stood at 6.8 percent.

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