Slowdown set to worsen in 2020, but Budget may help turn the tide: CEO poll

Budget wish list: Income-tax cut, blueprint for investment push

A majority of chief executive officers (CEOs) of Indian companies expect economic growth to slow down further in the new year, mainly due to slowing consumer demand in the country and ongoing trade wars among the world’s major economies.

A survey of 50 CEOs, conducted by Business Standard across the nation in December, shows that 52 per cent of the business leaders expect the slowdown to worsen in 2020, while 42 per cent believe the worst is now behind. Six per cent of them responded with “can’t say”.

“Given the global cues, it looks like we may have some time