India Ratings cuts GDP growth, says slowdown mix of cyclical, structural factors
  • WebDesk BTVI
  • Aug 28 2019

Sunil Sinha, Principal Economist at India Ratings, talks about the revision of India's FY20 GDP growth to 6.7% from 7.3%. He says the current slowdown is a mix a cyclical and structural slowdown. He says the fiscal room for government may not increase despite RBI payout. He says the slew of measures announced by the government will help markets come out of this slump, but is not likely to hold.