New Delhi, April 28 -- A Reuters poll of economists cautioned that even though the country's growth outlook looks stable, India's informal economy is significantly hit by the war in West Asia. The poll was taken by 54 economists between April 20 and April 27.

The economists underlined that it was difficult to assess the pressures on the informal sectors due to limited real-time data on jobs, demand, and direct impact on micro and small businesses. It is important to note here that the shadow economy has previously accounted for roughly half of the official GDP readings.

In Indian cities, which are primary drivers of the economy and generate nearly 60% of GDP, the shortage of Liquified Petroleum Gas (LPG) cylinders has led to the shuttin...