The Indian economy finally gave a numerical evidence of the slowdown. During the January-March quarter, the gross domestic product (GDP) is estimated to have grown at a meagre rate of 5.3%. This is the lowest growth rate in the last nine years. Today's chart of the day shows the quarterly GDP growth rate over the last two fiscals. Some of the main reasons for the slowing economic growth are high inflation, a declining rupee, messy government finances and policy paralysis, among others. It is high times the government gets out of its denial-mode and stops putting the blame on the eurozone crisis and other external factors.

Data source: The Economic Times