 "India’s Growth Dips to 15-Month Low Amid Election Spending Constraints")
India’s Growth Dips to 15-Month Low Amid Election Spending Constraints
India’s economic growth has slowed to 6.7 percent in the April-June quarter, the lowest in 15 months, according to RBI Governor Shaktikanta Das. He attributed this decline mainly to reduced government spending, linked to the recent Lok Sabha elections and the model code of conduct in place. The Reserve Bank had initially projected a growth ...
