India to hold top spot for economic growth but risks to downside remain: Reuters poll
BENGALURU, Sept 27 (Reuters) – India will be the fastest-growing major economy this fiscal year, supported by government spending ahead of May’s general election, according to a Reuters poll of economists who did say the forecast risks were skewed to the downside. While Narendra Modi’s government increased spending in the past few years to build roads, railways, and other infrastructure, helping India defy the global slowdown trend, it has so far failed to create enough jobs. Asia’s third-largest economy will grow 6.2% in the fiscal year ending in March 2024 and 6.3% next, the same as predicted last month, according