Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

Amitabh Dubey

Political Analyst, India Research
+91 99999 10781

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Recent India research

* India: Strong economic growth to remain local, Shumita Sharma Deveshwar, 15 Jun 2017
* India: Return of cash bodes ill for tax revenues, Amitabh Dubey, 1 Jun 2017
* India: GST rollout threatens supply disruptions, Shumita Sharma Deveshwar, Amitabh Dubey, 25 May 2017
* India: Political decisions will disrupt reform, Amitabh Dubey, 18 May 2017
* India: Headline GDP obscures unbalanced growth, Shumita Sharma Deveshwar, 4 May 2017

See all our India research >>

India: The high growth story is over

Overview

The Reserve Bank of India’s pared-down projection of 6.5 per cent GDP growth in FY13 and market expectations that growth will bounce back to around 7 per cent in the next fiscal year are still too optimistic, in our view. The cyclical problem of a weak monsoon in India will only exacerbate the deeper structural challenges of persistently high inflation and a bloated budget deficit, and make an already difficult political environment for reform even tougher. Amid a wider global...

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