India's investment decline, at 8.5%, enters "exceptionally severe" phase: "Question mark" over Modi's Make in India
By Rajiv Shah The “Economic Survey: 2017-18”, released by the Government of India a couple of days ago, has warned that the slowdown, having lasted at least five years, “has already surpassed the typical duration of slowdown episodes”, adding, “If it continued through 2017, as seems likely, it would have reached the six-year duration recorded in the exceptionally severe cases.”