India's strong growth fundamentals face risks from prolonged external shocks: Erik Berglof
New Delhi, Oct. 4 -- India's strong growth fundamentals remain intact, but prolonged external shocks and global uncertainty could create significant risks for the economy, Erik Berglof, Center Director, House of Governance and Public Policy, Stockholm School of Economics, said.
Speaking to ANI on the sidelines of the Kautilya Economic Conclave, Berglof said India had "very strong growth prospects", but uncertainty globally, particularly in the Gulf, had created stresses for the economy.
"The fundamentals in the economy support high growth. The problem is these external disruptions and that creates significant issues," Berglof said.
He said the prolonged nature of the latest geopolitical shock could affect India, while government measur...
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