Downside risks to India growth, inflation to undershoot: finance ministry
There are downside risks to the Indian government`s growth forecast of 6.75-7.5 percent for the fiscal year to March 2018, the finance ministry said in mid-year economic survey on Friday.
The survey, authored by Chief Economic Adviser Arvind Subramanian, also said inflation was expected to remain below the central bank`s 4 percent target through to the end of the fiscal year and described scope for monetary easing as "considerable", TV channels reported.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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