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Fitch Ratings says India growth outlook uncertain

Source : REUTERS
Last Updated: Thu, Feb 28, 2013 13:50 hrs

MUMBAI, Feb 28 (Reuters) - India's economic outlook remains "uncertain" due to risks from global developments and domestic policy constraints, while high inflation constrains monetary policy, Fitch Ratings said in a note after the 2013/14 budget on Thursday.

The ratings agency also said subsidy reforms and uncertainty behind the amount raised from a proposed privatisation programme of state-run companies would pose key risks to the implementation of the government's policies.

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(Reporting by Shamik Paul; Editing by Rafael Nam)




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