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Anurag Thakur blames US-China trade war, coronavirus for Moody’s 5.3% growth forecast

Union minister of state for finance and corporate affairs Anurag Thakur reacted on Moody's India GDP forecast of 5.3% in 2020

Raipur: Union minister of state for finance and corporate affairs Anurag Thakur reacted on Moody's India GDP forecast of 5.3% in 2020. Blaming US-China trade war and coronavirus outbreak for the economic slowdown, he said their impact will fall on every countryís economy. “First US-China trade war caused economic slowdown globally, and now Coronavirus has hit economy and impacted global trade. So itís natural that its impact will fall on every country's economy,” said Thakur.