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Reforms, fiscal prudence among top domestic macroeconomic themes to follow in 2020

Reforms, fiscal prudence among top domestic macroeconomic themes to follow in 2020

Tuesday, December 31, 2019, 8:14 PM

The year 2019 saw the domestic economy stutter and stall. To put it in the words of former RBI governor Dr Raghuram Rajan, we are in the middle of a "Growth Recession". Household, corporate, bank and government balance sheets are all stressed at the same time. Private consumption has slowed, private CAPEX is virtually non-existent and exports have failed to pick up.
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