Publication

This paper argues that despite a 7.3% growth in GDP from 2014-2015, India's economy reveals some disturbing signs of emerging vulnerabilities on both its supply and demand side. These include decreases in agricultural output with further predicted drops in the year 2015-2016, a weak manufacturing sector, and a growth in the financial services sector which will not be able to sustain itself due to the weaknesses in agriculture and manufacturing. The author argues that due to these factors, India's GDP in 2015-2016 will not match the increase seen in the previous year.