Ind-Ra downgrades FY20 GDP growth projection by 0.2% to 7.3%
Updated : April 30, 2019 04:42 PM IST
The prediction of lower-than-normal monsoon for 2019 and the continued agrarian distress has been cited as one of the reasons for revised projection.
'Inability to bring the stuck capital back into the production process will have implications for investment recovery'. Ind-Ra predicts.
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