See India’s GDP Growth At 5% This Year: Arvind Virmani
  • Elizabeth George
  • Sep 27 2013

September 27: Arvind Virmani, Former Chief Economic Adviser, is confident the FM will stick to his fiscal deficit target, but says the main issue is how he will achieve this. “The real worry is a possible over-emphasis on the tax side,” he says. Most growth forecasts have been cut 1% from 6 months ago due to a lack of government policy action, he says, adding that growth might hit bottom in Q2 as positive factors come into play in Q3.