Shereen Bhan reports that the government is concerned about the slowdown and is now actively looking at options to stimulate the economy but fiscal space is limited. High level meetings are being held to weigh options.
Also, Former Prime Minister Manmohan Singh has been critical of the demonetisation and goods and services tax (GST) roll outs since the beginning. He had categorically mentioned that the economy was running on just one engine of public spending. In an interview to Network18, Former Prime Minister has once again warned that the gross domestic product (GDP) growth will be affected adversely.
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