The Great Recession of 2008-09 hammered the Indian economy, but it bottomed out at 6.9%. Optimists may say “thumbs up”, but a more accurate reaction may be “bottoms down”. It no longer pulls along the world economy at the same speed. GDP growth is simply the sum of productivity growth and population growth. Population growth in the West is stagnating along with productivity growth.

Source: Times of India December 02, 2017 19:45 UTC