September 26, 2019 / 3:06 PM / 24 days ago

India's economic growth to improve in 2nd half of fiscal 2020 - finance minister

NEW DELHI, Sept 26 (Reuters) - India’s economic growth is likely to pick up in the October-March period as consumer demand is expected to improve, Finance Minister Nirmala Sitharaman said on Thursday.

Sithraman in a press conference in New Delhi told reporters that lenders have enough liquidity and retail credit growth is likely to pick up in the festival season starting October.

India’s economic growth in April-June fell to a six year low of 5%.

Reporting by Manoj Kumar

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