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  Business   Economy  27 Sep 2019  Economic growth to improve in second half of fiscal 2020: Sitharaman

Economic growth to improve in second half of fiscal 2020: Sitharaman

REUTERS
Published : Sep 27, 2019, 10:08 am IST
Updated : Sep 27, 2019, 10:09 am IST

India’s economic growth in April-June fell to a six year low of 5 per cent.

Finance Minister Nirmala Sitharaman (Photo: File)
 Finance Minister Nirmala Sitharaman (Photo: File)

New Delhi: India’s economic growth is likely to pick up in the October-March period as consumer demand is expected to improve, Finance Minister Nirmala Sitharaman said on Thursday.

Sithraman in a press conference in New Delhi told reporters that lenders have enough liquidity and retail credit growth is likely to pick up in the festival season starting October.

 

India’s economic growth in April-June fell to a six year low of 5 per cent.

Tags: economy, nirmala sitharaman, gdp growth
Location: India, Maharashtra, Mumbai (Bombay)