Newsletter January, 2020

While we are eternal believers in the Indian growth story we are cognizant that the economy in its current state is facing certain deep rooted challenges. Government target of a $5 trillion economy by 2024, would necessitate steady real growth of at least 8-9% pa here on which is presently not the case. A quick look through the rear view mirror can help give us some perspective on how we got here and what lies ahead.