India's 2Q Growth Slowest Since 2014

India's economy is experiencing its slowest growth in three years, impacted by the GST rollout and a cash ban. The GDP growth rate has fallen to 5.7%, below expectations, while inflation is rising, putting pressure on the central bank to maintain low interest rates. Supply chains and investments have been disrupted, and future growth strategies may include attracting foreign investment and reforming labor laws to simplify business operations.

What was the GDP growth rate of India in the second quarter as mentioned in the video?

• 6.5%

• 5.7%

• 6.1%

• 7.0%

Which sectors were significantly affected by the GST rollout and cash ban?

• Agriculture and Tourism

• Manufacturing and Construction

• Healthcare and Education

• Technology and Finance

What is one of the proposed solutions to drive India's economic growth?

• Reducing government spending

• Increasing import tariffs

• Revamping federal labor laws

• Implementing stricter tax policies

What is the government's plan regarding foreign ownership of Indian companies?

• To increase restrictions

• To maintain current limits

• To introduce new taxes

• To slowly eliminate limits

What is the expected impact of simplifying labor laws in India?

• Reduced foreign investment

• Increased unemployment

• Easier business operations

• Higher inflation rates