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Economic slowdown is spreading and govt should stop living in denial

Updated : February 27, 2020 02:59 PM IST

Even if the reported growth for the quarter is marginally higher than the preceding quarter, what should worry policymakers and analysts is the weakening breadth of activity.
The two big decisions that the govt announced - reducing the corporate tax rate and the National Investment Plan – do not appear to be part of a bigger strategy or economic vision.
Economic slowdown is spreading and govt should stop living in denial

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