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Showing posts with the label Indian Market

slowdown Indian economy

Causes for the present slowdown in the Indian Economy much has been Written and said about the ongoing economic slowdown in the Indian Economy. What was being Indirectly said about several economic indicators flashing warning signals for the last year or so, what has triggered the present criticism in the GDP figures for the last quarter which came in at 5.7% and the suddenly brought the issue into the full public glare. indeed given the fact that india was routed as the fastest growing developing country for the last two years, the slowdown has also caught many of those making such claims by surprise Collapse in Private Consumption and Investment Freeze Leading to Double Whammy  So, what are the reason for the present slowdown in the Indian Economy ? to start with, Private consumption has taken a beating due to demonetization as consumers suddenly prefer to heard cash or keep it in the bank instead of spending on consumer goods. Moreover, demand has also collapsed in the rural are...