India is reeling under an economic slowdown. The government has decided to consolidate public sector banks, indicates its resolve to address the slowdown in GDP growth. Experts and politicos assess the ground reality on MyNation.
Vijayawada: A sharp deceleration in manufacturing output and subdued farm sector activity has pulled down India's gross domestic product (GDP) growth to 5 percent in the April-June quarter. It is a reality that the country is reeling under economic slowdown and now, with the government and the Reserve Bank having common prescription, the economy should bottom out soon. Here is what experts make of the current situation.
