The countrys sovereign rating, however, could see an improvement if there are positive changes in its infrastructure and regulatory constraints, effective management of inflation and reduction of fiscal deficit and government debt burden.
Here are some hurdles to the India's economic growth:
1. Moodys Investors Service says that the countrys sovereign rating could see an improvement if there are positive changes in its infrastructure and regulatory constraints and the management of the economy
2. Even as growth could be in the 5% range, rating agencies believe that positive factors cannot propel growth to beyond 6%
3. The primary constraint affecting growth is that the economy is stuck in a phase of low consumption and investment demand
4. The possibility of a weak monsoon due to the El Nino effect could delay the economic recovery as food inflation could be higher and purchasing power reduced.