259: GDP at 5% and Takeaways from RBI’s Annual Report
259: GDP at 5% and Takeaways from RBI’s Annual Report

259: GDP at 5% and Takeaways from RBI’s Annual Report

Mounabarbie

9 min
News
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India’s economy’s growth rate is at a six year low. The Central Statistics Office released its figures for the first quarter of 2019-20 and the growth rate is at 5 percent, even lower than the number the RBI had predicted in its annual report on India’s economy just a day prior.  This comes after tens of thousands of job losses have been reported, in the auto industry as well as other industries, and consumer spending has fallen significantly. What does the Reserve Bank of India's annual report say about the economy and which points are a cause for concern? Tune in to The Big Story where we give you top highlights from the RBI report.

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