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India’s World-Beating Growth Hides Troubling Investment Trend
The private sector isn’t picking up the slack as fiscal stimulus winds down.
12 Jan 2022, 12:21 PM IST
(Bloomberg Businessweek) -- India has bounced back strongly from the pandemic and stands poised to claim the mantle of fastest-growing economy in 2021 and probably 2022 as well. The government’s latest projections are for a 9.2% expansion in the fiscal year that ends in March. Forecasts from the International Monetary Fund have growth dipping to 8.5% the following year, but even at that slower pace, India is expected to outshine all ...
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