Ficci survey puts Q4 GDP growth at 6.5 pc

New Delhi: India’s GDP likely grew 6.5 per cent in the fourth quarter ended March 2019, said an economic outlook survey of industry chamber Ficci Thursday. The Central Statistics Office (CSO) will release the official data Friday.

Ficci said survey has put forth an annual median GDP growth forecast for 2019-20 at 7.1 per cent and the projection for fiscal 2020-21 has been put at 7.2 per cent.

“The minimum and maximum growth estimate stood at 6.8 per cent and 7.3 per cent, respectively, for 2019-20 in the survey, which was conducted in May 2019 among economists belonging to the industry, banking and financial services sector,” it said.

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