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Will GDP growth slide to -2%? | Kotak Institutional Equties’ Suvodeep Rakshit to ET NOW

Kotak Institutional Equities’ Suvodeep Rakshit, Vice-President and Senior Economist speaks to ET NOW about FY21 GDP growth which may slide to -2%. He says, ‘When we say minus 2% to minus 7.2%, that indicates the uncertainty in forecasting and estimating these kinds of numbers. Giving out a range is always better. Now when we are talking about the minus 2% and as that is the base case that we are working with right now for FY21 GDP estimate, that in effect is taking into account a 45-day lockdown.’ Listen in to know more!

Read more at:
https://economictimes.indiatimes.com/markets/expert-view/govt-plus-rbi-measure-needed-to-support-borrowing-for-this-year-suvodeep-rakshi/articleshow/75674209.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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