Whilst 5% growth would be welcomed in many economies around the world, the decline from double digit increases has been a slowdown in India.<br /><br />A slowdown in exports and subdued domestic demand have affected the manufacturing and services sectors, and policymakers have attempted to revitalise the economy with an interest cut and other financial reforms.<br /><br />This week sees the government set out the Budget for the next financial year, with more measures to boost growth expected to feature.<br /><br />Yogita Limaye reports.
