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Economy

Why brokerages believe government measures will only provide short-term boost

Updated : August 26, 2019 01:04 PM IST

According to experts, the measures may boost the economy in the short term, but the issues will like weak earnings, consumer slowdown may take a longer time to completely fade away.
Vinod Nair of Geojit Financial Service also believes that these measures may reverse the FPI selling and restore some confidence in the Indian markets.
CLSA also noted that the measures announced so far are revenue-neutral/insignificant from a fiscal perspective.
Why brokerages believe government measures will only provide short-term boost
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