India should set up an inter-ministerial group to monitor the political-economic scenario in Europe since the risks posed by Brexit to global economy and its spin-off for India are emerging to be much larger than initially perceived, a top industry organisation said here on Tuesday.
“The risks to global economy and its spin-off to India from Brexit from European Union are emerging out to be much larger than initially perceived, making it imperative for the Indian government to heighten its watch on the unfolding political-economic scenario in Europe by setting up the inter-ministerial group...,” Assocham said in a status paper.