SBI Report: India’s GDP expected to grow at 6.5% in Q2FY25

Current Context: The report is titled "Ecowrap" and was released by the State Bank of India (SBI) on November 6, 2024.

The Ecowrap report predicts that India's GDP is expected to grow at 6.5% in the second quarter of FY25 (Q2FY25).
Here are some of the main highlights and insights from the report:

Positive Outlook: The report suggests a positive economic outlook for the second half of the fiscal year, indicating that overall annual GDP growth could approach 7%.
Rural Demand: It highlights the recovery of rural demand as a significant contributor to economic growth. Factors such as a good monsoon season and increased agricultural productivity are expected to drive this demand.
Sectoral Performance: The report examines the performance of various sectors, including manufacturing, services, and agriculture, noting improvements in industrial output and consumer spending.
Policy Cautions: The report also cautions against short-term policy decisions that could create fiscal pressures. It emphasizes the importance of sustainable economic policies to maintain growth momentum.
Inflation and Interest Rates: The report discusses the impact of inflation and interest rates on the economy, indicating that manageable inflation levels and stable interest rates are crucial for sustained growth.

Question:

1 What is the GDP growth rate predicted by SBI's Ecowrap report for Q2FY25?