UncategorizedJuly 30, 2019by Monika Halan0Plenty of headwinds in way of $5 tn GDP goal. Will govt act quickly enough?

With economic variables looking weak, GDP growth rate is likely to be lower at 6.5% in FY20
Given the economic growth numbers, the revenue estimates made by the budget seemed optimistic while there was no clarity on how some of the expenditures would be funded

While the rain did its best to derail the plans, the Mint Roundtable, part of the sixth edition of Mint Mutual Fund Conclave held in Mumbai on 26 July, on the state of the economy saw a full house. We were debating the key issues that face the economy with thought leaders in the financial sector and Bibek Debroy, chairman of the Prime Minister’s Economic Advisory Council. It was like a Delhi meets Mumbai kind of an evening. Constrained by Chatham House rules, the finer details of the discussion are not being put in the public domain, but here are the broad areas of discussion.

Round Table highlights


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