The Return Of Stagflation? Seven Things To Fix The Economy

Business World | Dec 14, 2019 at 11:36 AM
  • FY 19-20 will go down as a terrible year in India’s economic trajectory.
  • It is in any case going to be difficult to meet the fiscal deficit target, despite the huge transfer of reserves of Rs 1.76 lakh crores from the RBI  this year.
  • In the upcoming budget given the limited space for short -term fiscal policy and now having reached the limits of monetary policy its best to shift attention to structural and sectoral factors that will help drive the Indian economy over the medium term.