

























Is a weak monsoon a big threat to India’s economy? Aurélien Kruse, Lead economist of India at World Bank breaks it down. While India remains largely rural, agriculture no longer dominates the economy the way it once did. That’s the key shift. Even in past years with sharper monsoon shortfalls, growth has held strong at 7% or higher. This time, the expected deficit appears manageable at a macro level. Yes, there are risks - rising fuel prices and global headwinds could amplify the pressure. But here’s the crucial point: the World Bank has already factored in weaker agricultural growth in its 6.6% forecast. Watch for more details.
此内容由惯性聚合(RSS阅读器)自动聚合整理,仅供阅读参考。 原文来自 — 版权归原作者所有。