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Going for Growth: Here's how India can boost its exports

Updated : October 31, 2019 06:28 AM IST

Indian economy, which till recently was hailed as the fastest-growing major economy, has seen growth rate decline in each of the past five quarters, falling to 5 percent in April-June 2019 from 8 percent recorded a year earlier.

This is the lowest growth outturn since 2013 and has largely been attributed to the slowdown in investment that has now broadened into consumption, driven by financial stress among rural households and weak job creation.

In an panel discussion moderated by CNBC-TV18's Parikshit Luthra, Surjit Bhalla, chairman, high-level advisory group (HLAG) executive director for India at IMF; N K Singh, chairman of 15th Finance Commission; Rajeev Kher, member of HLAG and former secretary of commerce; Sanjeev Sanyal, principal economic adviser and member of HLAG; Prachi Mishra, managing director and chief India economist at Goldman Sachs and Quality Council of India chairman Adil Zainulbhai, shared their views on state of the Indian economy and the need to boost exports.
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