Govt's fiscal space to boost economic activity limited: Report1 min read 30 Nov 2019, 06:58 PM IST
Kotak said that high frequency data for October and November suggested that economic activity weakened further despite festive season demand
Finance Minister Nirmala Sitharaman tweeted on Saturday that the interventions addressing the needs of the economy will continue
Mumbai: There may not be much the government can do to fightback the severe slowdown facing the economy because the fiscal space to do so is limited after the corporate tax rate cut and GST shortfall, Kotak said in a report on Saturday.
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