Indian Budget - Disappointing?
Simon Baptist, Global Chief Economist, The Economist Intelligence Unit
You can share this podcast by copying this HTML to your clipboard and pasting into your blog or web page.
India’s economic growth has been slowing over the last three years. From 8% growth just three years ago, Bloomberg projects that the Indian economy will expand just 5% in the fiscal year through March - it’s worst performance since 2009. However India’s Finance Minister Nirmala Sitharaman is optimistic and thinks that the government’s growth targets for 2021 are within reach.
With that in mind, we speak to Simon for his thoughts on whether India's growth target of 6% to 6.5% in 2021 is realistic, where he thinks the drivers for this growth will come from and whether China's slowdown plays a part in India's growth prospects.
Produced by: Sim Wie Boon
Presented by: Roshan Kanesan, Wong Shou Ning, Khoo Hsu Chuang
Download the BFM mobile app. Stay at home and stay up-to-date.