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RBI's May MPC meet is first official admission that India's growth may not recover for more than a year

Updated : June 07, 2020 10:49 AM IST

Members of the MPC expressed the fear that India’s GDP growth may be gone for more than just a year.
This in contrast to the general official position that growth will bounce back quickly once the lockdown is eased
RBI's May MPC meet is first official admission that India's growth may not recover for more than a year

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