Business Standard

Rational expectations: Downside risks to growth are increasing

The economy's resilience will be tested in the second half of the year and beyond


Business Standard Editorial Comment
At a time when growth forecasts are being revised downwards in most parts of the world, the Union government seems confident about India’s prospects. The latest monthly report by the Ministry of Finance, for instance, argued that while slowing growth and higher inflation are affecting major economies, growth in India has been robust and inflation is under control. Further, in an interview with this newspaper, Chief Economic Advisor V Anantha Nageswaran noted the government is of the view that India will grow between 7.2 and 7.4 per cent in the current fiscal year. He further added that, on balance, the

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 21 2022 | 10:14 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to