‘India economic growth extremely fragile, needs all support’

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India’s economic growth is now ‘extremely fragile’ and needs all the support that it can get, as private consumption and capital investment are yet to pick up, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on Friday. “I like to think in terms of the four engines of growth for the economy: exports, government spending, capital investment and private consumption,” he said.

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