India Today

The big Slowdown

It may have taken the finance ministry’s Monthly Economic Report (MER) of May 1 to confirm India’s economic slowdown, but telltale signs have been visible for a couple of quarters now.

It may have taken the finance ministry's Monthly Economic Report (MER) of May 1 to confirm India's economic slowdown, but telltale signs have been visible for a couple of quarters now.

At least two of the four economic enginespublic investment (government investment in infrastructure and development) and internal consumption (goods and services consumed)were still firing in the first half. The other twoexternal consumption (exports) and private investmenthad

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