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

Reuters  |  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 ministry said in its mid-year economic survey on Friday.

The survey, authored by Chief Economic Adviser Arvind Subramanian, also said 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 reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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