Indias economic growth falls to sixyear low of 5

NEW DELHI — An Indian government report says economic growth has slumped to a six-year low of 5% in the April-June quarter because of a sharp deceleration in manufacturing output and subdued activity in farming and construction.Chief Economic Adviser K.V. Subramanian also attributed the slowdown to global trade tensions. The finance ministry data were released on Friday.India’s central bank said reviving consumption demand and private investment would require greater spending on infrastructure and structural changes, including labour law, taxation and legal reforms.India’s GDP growth averaged 7.7% from 2014 to 2018. The economy began losing momentum after growing 8% in the April-June quarter last year.The previous low GDP growth was 4.3% in the January-March quarter in 2013.The Associated Press read more