DBS' Rao Sees India GDP Reviving in 2Q

The video discusses India's economic situation, highlighting its slowest growth rate in over two years. The Reserve Bank of India is analyzing these figures, with demonetization being a significant factor. Despite initial market expectations of a sharp slowdown, the economy showed resilience due to factors like festive demand. The first half of the year saw 7% growth, which slipped to 6% in the second half. However, positive triggers such as re-monetization, rural wage growth, and public sector wage increases are expected to drive economic recovery.

What factors contributed to the slow growth rate of India's economy as mentioned in the text?

How did demonetization impact the economy according to the economist's perspective?

What does the economist suggest about viewing the two quarters of economic data?

What was the growth rate of the economy in the first half of the year compared to the second half?

What are the positive triggers mentioned that could lead to a revival in the economy?