I don't see growth picking up in the next one year

Economist Haseeb Drabu feels that the Indian economy is moving from an investment led downturn to consumption led downturn. The service sector, which once drove the economy with 9 percent plus growth, has not seen any pick up at all. “This is a statistical number. It can be seen as a cyclical upturn, but structurally nothing has changed and we are getting into a phase of slow growth,” Drabu said