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GDP growth slows to five-year low at 5.8 percent in Jan-Mar

New Delhi |┬áIndia’s economic growth rate slowed to five-year low of 5.8 percent in January-March 2018-19, due to poor performance in agriculture and manufacturing sectors, official data released Friday said.

The Central Statistics Office (CSO) also revealed that GDP growth during 2018-19 fiscal stood at 6.8 percent, lower than 7.2 percent in the previous financial year.

The growth in gross domestic product (GDP) was slowest since 2014-15. The previous low was 6.4 percent in 2013-14. The fourth quarter growth was below China’s 6.4 percent.

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