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.
