Despite headwinds, Indian economy could grow at 6.5% this fiscal year unless…

Multiple other forecasts put India’s current fiscal year growth between 5.9% and 6.5%, with some analysts highlighting challenges ahead for the Indian economy including a slow recovery in domestic manufacturing, geopolitical uncertainty, and the threat of El Nino. However, others suggest a robust growth rate could be achieved on a sustained basis if policies enhance productivity, create jobs, and increase total output.

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