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Is Indian Economy Going through Knightian uncertainty?

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Indian economy registered a borderline growth of 5% in GDP for the April-June quarter of this financial year— lowest in six years. A sharp fall from the 8% growth seen in the same period almost 2-years ago. During this period, the manufacturing sector grew at just 0.6% while ‘Agriculture, Forestry and Fishing’ sector at 2%. […]

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