Without clarity on the cyclical state of the economy, macro policy naturally erred on the side of caution. One wishes the budget had made a greater effort to improve India's statistical database. Muddling through disparate data signals isn't the best way to make policies.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.