Uploaded on Sep 3, 2019
Indian economy is trying to recover in the second quarter of the financial year by less than 5%. The government has some initiatives for the economic growth of the country and increase the export of the country.
Indian Economy is Recovering in the Second Quarter
INDIAN ECONOMY
RECOVERY IN THE SECOND QUARTER
INTRODUCTION
Indian economy is trying to recover in the second
quarter of the financial year by less than 5%. The
government has some initiatives for the economic
growth of the country and increase the export of the
country. The trade stimulation programs are also been
conducted to enhance the growth of the country. India
is developing country and growing with the rate of
6.6% per annum but the growth rate has slows down
in the month of august which is declared by the
ministry of India. Several surveys have also been taken
place to analyses the future growth rate but still the
result is same for the growth forecasted by the
economists.
FACTORS OF ECONOMIC SLOWDOWN
• Interruption in ongoing reforms.
• Rigid fiscal and monetary policies.
•Global economic crises.
•Miss management of financial sector.
• Farmers are in losses.
WORLD ECONOMY
India is now 7th fastest growing economy
of the world dropped down from the 5th
position. One of the biggest reason is
mismanagement of the international
trade and imposing higher rates of taxes
on the traders.
SUMMARY
There are so many policies of the government which
affected the growth rate of the country and all the
analysis is done on the basis of the data. The Indian
export data and India Import data will help to analysis
that what is percentage of the growth of the country
also what will be the future demand and supply of the
product in the market.
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