New Delhi, Feb. 20 -- India's current economic slowdown is not structural but cyclical, primarily caused by monetary and fiscal tightening, says a report by Antique.

The report also highlighted that the slowdown in credit growth and reduced government capital spending, influenced by both Union and state elections, have played a key role in this deceleration.

However, these factors are now beginning to reverse, which is expected to support economic recovery in the coming quarters.

It said, "The growth slowdown in India is more cyclical in nature, primarily driven by monetary (slower credit growth) and fiscal tightening (lower government capital spending due to union and state elections)".

The recent policy measures will boost growth in...