The Indian economy is not fully benefitting from the structural decline in inflation, institutionalisation of inflation target and fiscal deficits broadly in check. The steep decline in inflation has lowered nominal revenue growth of companies from the high teens to the mid-single digits post 2013.
from News-Economic Times https://ift.tt/381VRmh
The $5-trillion milestone: How to unlock economy’s value
February 27, 2020
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