Tell us: Can the UPA govt revive the Indian economy?

Global investment bank blames misguided policy approach focused on consumption for steep fall in growth momentum.

Written by Express News Service
June 5, 2012 08:48 PM IST

1 min read

Global investment bank Morgan Stanley today blamed a misguided policy approach focused on consumption for the steep fall in the growth momentum,while scaling down its FY13 growth forecast to 5.8 per cent,the lowest estimate so far. Do you think PM Manmohan Singh can script an U-turn?