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Letters: Fiscal prudence is key

No doubt the economy has slowed and earlier projected gross domestic product numbers won't be achievable, as confirmed by both the Reserve Bank of India and the International Monetary Fund

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Business Standard
With reference to the editorial, “Quite an agenda” (October 12), it is good that the Economic Advisory Council (EAC) has a pragmatic approach and is accepting all the problems in the economy with an open mind and not brushing them under the carpet.
 
No doubt the economy has slowed and earlier projected gross domestic product numbers won’t be achievable, as confirmed by both the Reserve Bank of India and the International Monetary Fund. But it won’t be right to blame demonetisation and the goods and services tax (GST) only for the current state of the economy. Everyone knew there