Economists pitch for big-bang reforms to fix Indian economy's structural problems
Updated : August 21, 2019 06:17 AM IST
The external demand growth is very low and that has been reflecting on India's exports.
The consumption demand in the last few years have not been supported by better jobs or higher income growth but more by falling savings and higher borrowings by consumers.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more