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FY21 will be a terrible year for India, says Goldman Sachs’ Prachi Mishra

Updated : July 14, 2020 11:08 PM IST

The risk of regulatory forbearance, rise in NPAs, poor credit off take, sharp upward pressure on the fisc and lack of a coherent economic strategy, all these are major roadblocks on the road to recovery, says Mishra.
Mishra lists the pandemic not being brought under control in the next few months as a clear medium-term growth risk.
FY21 will be a terrible year for India, says Goldman Sachs’ Prachi Mishra

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