Economic growth drivers moderating - RBI

Major drivers of growth in India are witnessing moderation and various surveys of economic activity point towards less-than-optimistic
sentiment for the economy in coming months, the Reserve Bank of India (RBI) said on Monday.

The survey of professional forecasters conducted by the Reserve Bank of India cut gross domestic product estimates for the 2009/10 fiscal year to 5.7 percent from 6.0 percent, it said in a review of the economy.

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The central bank said the slew of measures taken by it and the government would help tame the moderation in growth and revive consumption and investment demand.