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Downside risks to India growth, inflation to undershoot: finance ministry

Reuters  |  NEW DELHI 

NEW DELHI (Reuters) - There are downside risks to the Indian government's growth forecast of 6.75-7.5 percent for the fiscal year to March 2018, the finance ministry said in its mid-year economic survey on Friday.The survey, authored by Chief Economic Adviser Arvind Subramanian, also said inflation was expected to remain below the central bank's 4 percent target through to the end of the fiscal year and described scope for monetary easing as "considerable", TV channels reported. (Reporting by Manoj Kumar; Writing by Douglas Busvine)(Only the headline and picture of this report may have been ...

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First Published: Fri, August 11 2017. 12:47 IST
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