We were provided with further evidence of an already existent economic problem when three different multilateral agencies independently downgraded India’s GDP growth forecast recently for the current year. ADB Bank, UNCTAD and OECD have all slashed their respective forecasts of growth. We analyse the reasons and give you an in depth analysis of the latest reforms enacted by the government and why they haven’t proven effective as yet. #NarendraModi #NirmalaSitharaman #Economy
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