India may be headed for a weak recovery in the second half of the current fiscal year but stimulus measures must support it
Economists have been busy in recent weeks snipping their growth forecasts for the current fiscal year. They have good reasons to do so. The first quarter that ended in June saw the Indian economy expand at 5%, its slowest pace in six years. It was a shocker. The actual growth rate was around 0.7 percentage point lower than consensus expectations.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.