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Kumar Mangalam Birla said that most economies are likely to shrink this year.(HT Photo)

Growth will recover to up to 8% next fiscal, says KM Birla

By Tanya Thomas | Hindustan Times, Mumbai
UPDATED ON AUG 13, 2020 06:06 AM IST
Kumar Mangalam Birla said that most economies are likely to shrink this year. The nationwide lockdown had a more severe impact in urban India and on services that thrive on people’s mobility.
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Kumar Mangalam Birla, chairman of Aditya Birla Group, at the Hindustan Times Leadership Summit in New Delhi on Friday, December 6, 2019.(Sanjeev Verma/HT PHOTO)
Kumar Mangalam Birla, chairman of Aditya Birla Group, at the Hindustan Times Leadership Summit in New Delhi on Friday, December 6, 2019.(Sanjeev Verma/HT PHOTO)

18 to 20 months before the economy recovers: Kumar Mangalam Birla at HTLS

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON DEC 06, 2019 12:43 PM IST
“The government has taken many steps but we need a stronger fiscal stimulus. if GST is brought down by 15%, that would be a huge stimulus,” Birla said at the Hindustan Times Leadership Summit.
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