Q1 Earnings Indicate A Clear Slowdown In The Economy: Pradip Shah, IndAsia Fund Advisors
  • WebDesk BTVI
  • Aug 01 2019

Pradip Shah, IndAsia Fund Advisors, says monetary policy does not reflect current reality, thinks deficient monsoon is also adds to slowdown woes, feels discretionary income will increase if monsoon improves. June Q1 results indicate a clear growth slowdown, he says and demands govt should find ways to reduce difficulties of doing business. Speaking on Essar Steel issue, he says IBC is a good idea but due to flawed implementation, the matter has not been resolved even after 20 months.