--- for the year 2019. And reduced to 6.7% from previous estimate of 7.3% for the year 2020 ? Their reasoning is that the Indian Ecomomy remains sluggish due to weak hiring of workers , distress among rural households and tighter financial conditions due to stress among non-bank financial institutions. Even business sentiment is said to be cooler or not good enough. So weaker investments are hurting India. Does Govt of India have a plan after Ex Finance Minister Mr Arun Jaitley's death? Because India's Finance Ministry has no PhD holders in Economics. Can we run our country without Economists? Indian Rupee is already showing signs of nervousness and has touched INR 72 to 1 $ US on last Thursday and Friday.