INSUBCONTINENT EXCLUSIVE:
economic growth slipped further to hit an over six-year low of 4.5 per cent in the July-September quarter
The previous low was recorded at 4.3 per cent in the January-March period of 2012-13.
The Gross Domestic Product (GDP) growth was registered
It relies quite heavily on government expenditure, while on the other hand, investment has slowed very strikingly and consumption growth,
pointed out that the US economy was quite strong at the moment, with record low unemployment
pointed.
Gopinath said that the fiscal situation was challenging right now, referring to the recent corporate tax cuts.
Pointed out that
agriculture.
Emphasising that it was very important for India to stay on the path of fiscal consolidation, she hoped that the government
should be able to push through strong structural reforms such as land and labour given the majority in Parliament.
