India can spend $18 billion to fight coronavirus impact: Analysts

Growth may weaken to 3% in the first three months of this year from 4.3% estimated previously, according to Oxford Economics, while Jefferies sees room for the government to spend $18 billion to support activity. Still, in ANZ’s view expansion is set to remain weak over the next few years.

from Economy-News-Economic Times https://ift.tt/2UbSh5h