MPC's lowered growth estimate may be a tall hill to climb as well

Economists raise two concerns: Whether the Centre can gather resources to boost growth, and where those resources need to be deployed

As Prime Minister Narendra Modi on Wednesday afternoon hit back at his critics over the government’s steering of the economy, he also admitted that there was work to be done to enable higher economic growth.

Earlier on the same day, the Reserve Bank of India’s (RBI's) Monetary Policy Committee cut its gross value added (GVA) forecast for 2017-18 to 6.7 per cent from 7.3 per cent.

But even getting to that target will be a tough ask for Modi’s administration, economists say, especially because the data so far does not quite capture the informal sector. There are two factors at