Across the aisle: Prepare for ‘slow down India’ (The Indian Express)

There are four engines of growth: government expenditure, private consumption, private investment and exports. Two of the engines — private investment and exports — have languished for many months. Private consumption was strong and kept the economy humming. Since November 8, 2016, however, private consumption has taken a severe blow, thanks to demonetisation. The only…

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Updated: January 16, 2017 — 5:19 am