India Today

How to kickstart an economy in slow-mo

Coordinated fiscal and monetary stimuli will help reverse the ongoing demand slowdown.

The worst fears of India's policymakers seem to have come true. India's economy grew at its lowest rate in the past five years as private investment slowed and agriculture, industry and exports continued to slacken. GDP growth in the January-March quarter of 2018-19 stood at 5.8 per cent, lower than market expectations and falling behind China for the first time in two

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