India Development Debate | Deep-Dive: Is India On Track For a Robust Growth? English News
33India's services sector registered an eleven-year-high growth of 59.2 in the month of June, shows latest data from the S&P Global India Services PMI or Purchasing Managers' Index. The upswing comes on the back of steady recovery in demand, with further improvement expected in new business growth and overall output. The services sector, along with agriculture, is widely expected to be the key driver of growth over the coming quarters amid ongoing external pressures weighing on the economy. Does the gradual recovery in broader high frequency data indicate an uptick in the economy? Can India remain resilient through global pressures? Are we on track for a robust growth? We discuss on the India Development Debate with Mythili Bhusnurmath, Consulting Editor, ET NOW, D.K Joshi, Chief Economist, CRISIL and Madhavi Arora, Lead Economist, Emkay Global. Tune in!
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