Obstacles Stand in Way of India Economic Potential
March 16 (Bloomberg) -- India, Asia’s third-largest economy, has the widest fiscal deficit among the so-called BRIC nations that also include Brazil, Russia and China. It has the group’s fastest inflation.
The nation's government, which is predicting slower economic growth this year compared with the previous one, faces pressure to support the 69 percent of India’s 1.2 billion population living on less than $2 per day. Bloomberg's Linzie Janis reports. (Source: Bloomberg)