S&P lowers India's GPD forecast | Shaun Roache to ET NOW
Video description:
S&P’s Chief Economist, Shaun Roache speaks exclusively to ET Now on his identified key head wins which will result in the decline of India’s GDP. He says India’s GDP growth may shrink to 5%. The COVID-19 outbreak could peak by the third quarter. The Central Government’s stimulus package is lower than other countries like the United State, China, etc. He also explains the risks and roadblocks for reviving businesses and economic activities when there will be lifting or relaxations in lockdown restrictions, particularly in India. EMS including India will see a large contraction in GDP and slow recovery. Labour markets need to see a turnaround for consumptions to return. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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