India faces economic slowdown, experts advise not to panic

Aug 31, 2019, 5:42 PM IST

Vijayawada: A sharp deceleration in manufacturing output and subdued farm sector activity has pulled down India's gross domestic product (GDP) growth to 5 percent in the April-June quarter. It is a reality that the country is reeling under economic slowdown and now, with the government and the Reserve Bank having common prescription, the economy should bottom out soon. Here is what experts make of the current situation.