Uncertain weather, external factors pose risks to growth, inflation: Fin Min
The report identifies potential factors such as geopolitical tensions, adverse weather, high demand from China, or tighter oil supplies
New Delhi: India’s economic growth and inflation face potential risks arising from uncertain weather conditions as well as from global factors, as stated in the monthly economic report for April by the department of economic affairs under the ministry of finance. Despite this, the report also highlights the positive impact of domestic consumption. “There are downside risks to growth and upside risks to inflation, partly channelled through the external sector and partly originating from weather uncertainties," the ministry said.