The union minister added that the last five quarters had witnessed a downward trend, but the GDP at 6.3 per cent marked the reversal of the trend. This a PAUSE in the declining trend of the last five quarters," tweeted Chidambaram. "But we cannot say now whether this will mark an upward trend in the growth rate. The former finance minister said this after India reported a 6.3 per cent GDP growth rate in the July-September quarter of the current fiscal. Reversing the five quarters of slowing GDP growth, Indian economy expanded by 6.3 per cent in July-September on the back of a pick-up in manufacturing.

Source: India Today November 30, 2017 13:42 UTC