Growth Is Definitely Slowing in India, Says HSBC’s Bhandari

The video discusses the current state of the Indian economy, highlighting a slowdown in growth to around 6%, which is below the potential growth rate of 7%. The slowdown is observed across various sectors, including construction, consumption, and exports. However, there is optimism for a recovery in the second half of 2019 due to factors like post-election growth, improved banking liquidity, and supportive RBI policies. The video also addresses the controversy surrounding the accuracy of GDP data, with former RBI governor Raghuram Rajan questioning the government's claims. Despite methodological improvements, the reliability of GDP figures is debated, but other indicators also suggest a slowdown.

What factors contribute to the slowdown in the Indian economy as mentioned in the text?

How does the political cycle affect economic growth in India according to the discussion?

What are the expectations for India's economic growth in the second half of 2019?

What challenges does India face in increasing its growth rate from 7% to 8-9%?

What indicators are suggested to track the economic performance in India aside from GDP?