Broad picture is that growth has been declining, says expert
Chief economic advisor (CEA) Krishnamurthy Subramanian first economic survey expects FY20 gross domestic product (GDP) growth at seven percent. It also expects the capex cycle to pick up on an accommodative monetary policy committee (MPC). Arvind Virmani, chairman of Foundation for Economic Growth and welfare and Upasna Bhardwaj, senior economist at Kotak Mahindra Bank shared their views and outlook.