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Fitch Ratings says India growth outlook uncertain

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Reuters Delhi, India
Last Updated : Feb 28 2013 | 7:40 PM IST

MUMBAI (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.

(Reporting by Shamik Paul; Editing by Rafael Nam)

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First Published: Feb 28 2013 | 7:21 PM IST

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