Growth Slowdown Analysis

Context :  GDP Dropped to 5.4% in Q2 FY 2024-25, lowest in 7 quarters.

Relevance:GS 3(Economy)

Possible Causes:

• Seasonal factors like rains and festivals.
• Post-COVID adjustments in private sector spending.
• Projection: India expected to achieve 6.5%-7% growth in FY 2024-25, as per Economic Survey.