Ramaswami: THE Indian economy is in dire straits. The government has projected a growth rate of GDP of 5 per cent for 2019-20, a full 2 percentage points less than what was assumed in the budget presented in July 2019. The actual outcome may be worse, with the State Bank of India projecting a growth rate of 4.6 per cent. But the story of the Modi disaster on the economic front does not end here.

Friday, February 14, 2020

THE Indian economy is in dire straits. The government has projected a growth rate of GDP of 5 per cent for 2019-20, a full 2 percentage points less than what was assumed in the budget presented in July 2019. The actual outcome may be worse, with the State Bank of India projecting a growth rate of 4.6 per cent. But the story of the Modi disaster on the economic front does not end here.