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GDP growth will moderate to below 6% in December q

GDP growth will moderate to below 6% in December quarter: ICRA projection India had registered a Gross Domestic Product (GDP) growth rate of 7.6 per cent in the July to September period Rating agency ICRA has projected the GDP growth rate to slow down to below 6 per cent in the December quarter, mainly account of sharp fall in kharif crop output, and weak progress in rabi sowing for some crops. India had registered a Gross Domestic Product (GDP) growth rate of 7.6 per cent in the July to September period. The rating agency said the year-on-year growth in ICRA Business Activity Monitor eased for the second consecutive month to a six-month low of 8.1 per cent in December 2023 -- as against 7.9 per cent in December 2022 and 9.6 per cent in November 2023. ©SHIRSENDU KARMAKAR #GDP_Of_India
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SHIRSENDU KARMAKAR

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