Bornali Bhandari is a Fellow at NCAER with a background in international economics and macroeconomics, specifically focussing on the impact of globalisation on development. Currently she is working on analysing the shortcomings of the Indian FDI statistical system and calculating the GSDP of Daman and Diu and Dadra and Nagar Haveli. Her wider research interests include analysis of states, infrastructure, particularly the roads and ICT sectors, G-20 issues like climate change, finance and reserve currency and trade-related issues. She is also co-ordinating NCAER’s macro publications – the Quarterly Review of the Economy, Quarterly Business Expectations Survey, and Macrotrack.
India’s macroeconomic outlook: Is uncertainty the new paradigm?
26 Jul 2015
The provisional growth estimate for India for 2014-15 is 7.3%, higher than 6.9% growth in 2013-14. In this article, Bornali Bhandari – a Fellow at the National Council of Applied Economic Research – argues that the figures mask the volatile path that growth has taken in 2014-15. She discusses the key uncertainties faced by the Indian economy last year, and their implications for growth going forward.
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