What is driving the slowdown in India's GDP growth fall?

India’s GDP growth for FY25 is projected at 6.4%, significantly lower than FY24’s 8.2%, per the Ministry of Statistics. Despite a slow first half, stronger agricultural and industrial activity, along with resilient rural demand, may support growth. Private consumption has surged, but declining government capital expenditure remains a concern, said Crisil’s DK Joshi.