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India’s Second-Half Growth Could Moderate To 5.5–6%, Report Points To Slower Fiscal Spending Following Strong First-Half Push

India’s Second-Half Growth Could Moderate To 5.5–6%, Report Points To Slower Fiscal Spending Following Strong First-Half Push
Photo: Free Press Journal · view original

New Delhi: India’s economic growth could ease to 5.5–6 per cent in the second half of FY27 as government capital spending slows after a strong start to the year, according to a CLSA report. The forecast compares with expected growth of 7–7.5 per cent in the first half. Weak rural conditions, a hi...

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