Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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Recent India research

* India In Charts: A disappointingly slow recovery ahead, Shumita Sharma Deveshwar, 21 Sep 2017
* India: RBI firm on inflation, despite growth risk, Shumita Sharma Deveshwar, 14 Sep 2017
* India: Modi risks losing control of jobs narrative, Amitabh Dubey, 8 Sep 2017
* India: Growth risks shift to the downside, Shumita Sharma Deveshwar, 24 Aug 2017
* India: Stake sales to test Modi’s political will, Shumita Sharma Deveshwar, 10 Aug 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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