The second quarter FY16 gross domestic product (GDP) is expected to come in at around 7.5 percent compared to around 7 percent on a quarter-on-quarter (QoQ) basis. It compares to 8.4 percent same quarter last year. The range for the GDP figure is anywhere between 7.3 percent and 7.6 percent. The gross value added (GVA) is also expected to come in at around 7.5 percent versus 7.1 percent QoQ and the range is anywhere between 7.3 percent and 7.6 percent as well. In terms of sectors, agriculture is expected to see a slowdown on a QoQ basis possibly because of the lesser or deficit monsoon. It is hence expected to come in at around 1.1 percent and the range is anywhere between 0.5 percent and 2 percent this time.
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