Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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Recent India research

* India: State banks still stand on shaky ground, Shumita Sharma Deveshwar, 9 Nov 2017
* India: On the road in Uttar Pradesh: GST woes hurt Modi’s popularity in busy poll season, Shumita Sharma Deveshwar, Amitabh Dubey, 26 Oct 2017
* India: Fiscal policy puts Modi at odds with RBI, Shumita Sharma Deveshwar, 12 Oct 2017
* India: Gujarat poll to test identity vs economics, Amitabh Dubey, 5 Oct 2017
* India In Charts: A disappointingly slow recovery ahead, Shumita Sharma Deveshwar, 21 Sep 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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