india economic growth: Moody’s Investors Service sees India’s economic growth at ‘zero’ in FY21

india economic growth: Moody’s Investors Service sees India’s economic growth at ‘zero’ in FY21

Moody’s Investors Service on Friday said it estimates India’s GDP growth to hit ‘zero’ in FY21 and pointed to a wide fiscal deficit, high government debt, weak social and physical infrastructure, and a fragile financial sector. The quality of India’s economic growth has declined in recent years, demonstrated by financial stress among rural households, relatively […]