The Indian economy grew at a 6-year low of 4.5% in the quarter ended September. This is alarming and India can’t afford to slip further to the Hindu rate of growth of the pre-liberalisation era. Modi government, fiscal and monetary measures should work together to revive consumption and investment demand.
4.5% GDP rate alarming, Modi govt must ensure we don’t slip further to Hindu rate of growth
ThePrint view on the most important issues, instantly.
ThePrint team.