Source: CNN
India’s economy, once hailed as a global bright spot, is down in the dumps.
Growth in the South Asian nation fell during the first six months of 2017 from 7% to 5.7%, its slowest pace in three years, and analysts say the road to recovery is steep.”We’re on a downward spiral,” said Mohan Guruswamy, head of the Center for Policy Alternatives in Delhi, and a former official at India’s finance ministry.