GDP growth to improve in second half of FY20: Finance minister Sitharaman

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%.