Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Economy India's growth rate dips to 6-year low Government under increased pressure to accelerate stimulus measures Indian Prime Minister Narendra Modi's promise of increased economic development has failed to meet expectations, despite his five years in office. (Photo by Yuji Kuronuma)
KIRAN SHARMA, Nikkei staff writer August 30, 2019 21:21 JST Updated on August 31, 2019 00:10 JST | India
NEW DELHI -- The Indian economy grew at its slowest pace in over six years in the April-June quarter owing to weak consumption demand and investment, official data showed on Friday.
The news has put added pressure on the government of Prime Minister Narendra Modi to expedite stimulus measures to reverse the slowdown.
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