The economy is forecast to grow at its slowest pace in 11 years in 2019-20, dragged down by anaemic manufacturing, slowing services sector growth, as well as sluggish investment and consumption. With the Union Budget less than a month away, the dismal forecast will put pressure on authorities to revive the economy.
The economy is forecast to grow at its slowest pace in 11 years in 2019-20, dragged down by anaemic manufacturing, slowing services sector growth, as well as sluggish investment and consumption. With the Union Budget less than a month away, the dismal forecast will put pressure on authorities to revive the economy.