May 31, 2019 06:21 pm | Updated June 01, 2019 12:55 am IST - NEW DELHI
A worker sleeps underneath an embroidery machine at a workshop in Mumbai on May 31, 2019.
India’s economic growth rate slowed to five-year low of 5.8% in January-March 2018-19, due to poor performance in agriculture and manufacturing sectors, official data released on May 31 said.
The Central Statistics Office also revealed that GDP growth during the 2018-19 fiscal stood at 6.8%, lower than 7.2% in the previous financial year.
The growth in gross domestic product was slowest since 2014-15. The previous low was 6.4% in 2013-14.
The fourth quarter growth was below China’s 6.4%.
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