With dropped economic growth, India falls behind China in Q4 GDP
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Since March 31, 2019, India's GDP growth has slowed down to 5.8% from 6.6%. Due to this, India has lost its fastest-growing large economy tag to neighbor China, which posted 6.4% GDP growth in the March quarter. Many experts think that govt may have some stimulus to keep the fiscal deficit in control. In FY 2018-19 the GDP stood at 6.8%, a 5-year low. If the repo rate is slashed, GDP will be the lowest since 2010.