🇺🇸US: Growth⬆ Rate in IND🇮🇳 'Overstated'

  |   India News

The 🇺🇸US State Department's annual assessment📑 of investment climates in foreign countries states that the Modi government has failed to live up to expectations😮. Though it acknowledges the opening up of more sectors in FDI💸 and streamlining bureaucratic processes, it suggests that the 7.5% growth⬆ rate 'may be overstated'😶. The report also pointed out that the policies of Raghuram Rajan👔 had further boosted👍 investor sentiments. The report has underlined that the slow progress in the Modi regime has resulted in many investors having second thoughts about supporting BJP🤔. Political disturbances💥 in Punjab & Gujarat has affected investments in those states as well😟. The reports suggested that there are quick fixes to the various problems that hinder✋ India's🇮🇳 economic growth potential.

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