FM Sitharaman Hoping For Better Q3

New Delhi: The GDP slowdown in September quarter was not ‘systemic’ and the economic activity in third quarter, with better public expenditure, is likely to compensate for the moderation, Finance Minister Nirmala Sitharaman said on Friday.

India recorded a 7-quarter low GDP growth of 5.4 per cent in July-September FY25. In the first quarter, the growth was 6.7 per cent. “It is not a systemic slowdown. It is more of absence of activity on public expenditure, capital expenditure and so on. I expect Q3 to make up for all these,” Sitharaman said at an event here.

So, growth number is something which is not necessarily going to get badly affected, she added.