Q2 a blip, growth to pick up again: FM
Financial Express Lucknow|December 18, 2024
The economic growth slowdown in the second quarter of the current financial year was a blip due to a slower pace of spending, but the coming quarters will likely see healthy growth, finance minister Nirmala Sitharaman said on Tuesday.
FE BUREAU

She said a generalised slowdown in manufacturing is not expected, as it is restricted to a few sections.

"The government believes that the trend in Q2FY25 is only a temporary blip, and the economy will see healthy growth in the next quarters," Sitharaman told the Lok Sabha in her reply to a debate on the first supplementary demand for grants.

"Out of 23 manufacturing sectors in the index of industrial production, about half of them remain strong even now."

This story is from the December 18, 2024 edition of Financial Express Lucknow.

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This story is from the December 18, 2024 edition of Financial Express Lucknow.

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