India, April 8 -- The Indian economy, one of the fastest-growing economies in the world, is under stress. India has had a strong run so far, but it is now showing signs of slowing down. Though the overall movement of the economy is still positive, the momentum is sluggish. GDP growth has been less encouraging compared to earlier highs and may have to be lowered for the present fiscal year. Private consumption remains weak, reflecting pressure on incomes and uneven demand. Industrial activity is down. Another big concern is that investments are also not up to the mark, with private sector participation becoming cautious; government spending is the only factor holding it up. Exports have also slowed due to weak global demand, affecting key ...
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