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Economy slowdown due to election uncertainty, says CEA Krishnamurthy Subramanian

Updated : August 05, 2019 07:48 AM IST

This is an election season and historically we have always seen that there is some uncertainty around the election developments and therefore there is a wait and watch mode that corporate and other agents in the economy adopt.
I would stick to the 3.4 percent estimate for the fiscal deficit for the next year as well.
There are some NBFCs which are facing some difficulties, which is something we are monitoring very carefully and we will take the steps as and when required.

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