Three major downturns behind India's ongoing economic slowdown

The downturn behind India's ongoing economic slowdown in three major sectors–investment, consumption, and demand–is unlikely to show any decline in the coming year 2020. The investment is unlikely to pick up soon due to ongoing blockages in financial networks, limited government spending capacity, and subdued visibility of demand, says Kotak Economic Research research. Also fiscal room is likely to be limited, the forecasts cla....