StanChart: India - FY14 GDP estimate shows sluggish growth

[Rajesh Desai]

 

 

Please find attached a research note from Standard Chartered Bank. The report titled “India – FY14 GDP estimate shows sluggish growth” has been authored by Anubhuti Sahay, Standard Chartered Bank.

 

 

Following are the key highlights of the report:

 

·         4.9% advance GDP growth estimate is better than FY13’s 4.5% on statistical factors, government spending

·         The economy remains trapped in slow-growth mode, with weak investment growth and consumption

·         Positive election outcome is necessary for a sustained rebound in growth

 

 

--
CA. Rajesh Desai