India should brace itself for slowdown for some time: Ex-CEA Arvind Subramanian

With regard to the economy, he said, "we have to brace ourself for a slowdown for some time. I say that for a combination of reasons. First of all, the financial system is under stress, financial conditions are very tight. This is not conducive for rapid growth."

India should brace itself for slowdown for some
Arvind Subramanian said that the autonomy of the Reserve Bank of India (RBI) should not be undermined, Image source: IANS

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