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home / news releases / FLIN - Amid The Latest Economic Downturn Is The Indian Dream Unraveling?


FLIN - Amid The Latest Economic Downturn Is The Indian Dream Unraveling?

Original Post

By Stuart Burns

Prime Minister Narendra Modi's vision for India to become a $5 trillion economy by 2024 is in danger.

The current downturn - the third since the financial crisis - looks likely to undo that objective and extend further into the future as the world's second-most populous country strives to bring large swathes of its population out of poverty.

In a recent Stratfor report, India's rollercoaster economy is said to be experiencing growth of just 6.1% in this financial year. Falling tax receipts are likely to mean the government will breach

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Stock Information

Company Name: Franklin FTSE India
Stock Symbol: FLIN
Market: NYSE

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