Indian economy is slowing down while most of the developed world led by the US and Japan expecting better growth prospects, Paris-based think-tank OECD reportedly said,
Reports said that the projections are based on OECD's Composite Leading Indicators (CLIs) -- that are designed to indicate turning points in an economy.
In January, India's CLI stood at 97.2 marginally lower than 97.3 recorded in December last year, according to reports.
Indian economic growth slipped to 4.5% in the three months ended December 2012.
Fiscal deficit for the current financial year (2012-13) is projected to be 5.2% of GDP.
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