Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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Recent India research

* 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
* India: Bad debt problem to test RBI’s resolve, Shumita Sharma Deveshwar, 29 Jun 2017
* 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

See all our India research >>

UPDATE: Why India risks staying in a stagflation trap

Overview

The Indian government’s latest macroeconomic forecasts may appear pragmatic and its efforts to rein in the fiscal deficit prudent, but the expected muted recovery in FY14 GDP growth, combined with persistent inflationary pressure, is worrisome. Despite more favourable macroeconomic conditions, key structural challenges persist – including stubborn inflation, a large current account deficit and an unsustainable reduction in the fiscal...

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