Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

* India: Stake sales to test Modi’s political will, Shumita Sharma Deveshwar, 10 Aug 2017
* India: Competition with China enters new phase, Amitabh Dubey, 3 Aug 2017
* India: Smooth GST rollout masks important risks, Shumita Sharma Deveshwar, 27 Jul 2017
* India: Politics hampers RBI’s battle for credibility, Shumita Sharma Deveshwar, 13 Jul 2017
* India: Food deflation changes electoral dynamics, Amitabh Dubey, 7 Jul 2017

See all our India research >>

India: Why growth will not bounce back

Overview

The current exuberance about India is excessive. Even as analysts are raising their growth targets and investors are hoping for major reforms, we believe some real risks may hamper an economic revival. A sluggish global recovery, limited fiscal space for additional spending, and the lack of significant reforms mean that the upturn will be short-lived. Economic growth will remain at a lower level of around 6 per cent over the next two-three years until the structural imbalances at...

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