You are here: Home » Budget » Budget 2017 » Budget News
Business Standard

Experts' take on India's FY17 GDP growth forecasts

Government said economic growth would slow down to 7.1% in FY17

Reuters  |  Mumbai 

The Indian government said economic growth would slow down to 7.1 per cent in the fiscal year ending in March from 7.6 per cent a year earlier. Most private economists have pared India's growth forecast to 6.3-6.4 per cent for the FY17, citing the impact of the government's scrapping of high-value bank notes last November. Here are the reactions of some experts: DHARMAKIRTI JOSHI, CHIEF ECONOMIST, CRISIL "With this kind of growth, I think, the central bank might hold off on rate cuts. "As far as the impact (of demonetisation) is concerned, we are, ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, January 06 2017. 18:59 IST
RECOMMENDED FOR YOU