The numbers are in and uncontested this time. The growth of the Indian economy, until recently celebrated as the world’s fastest, has slumped to only 5 percent. Alarm bells ringing, the government’s firefighters are out.
The government wants investors to invest more, to grow the economy to $5 trillion. With capacity utilization low, and demand falling in many sectors — automobiles, tractors, and even biscuits — the investors’ rationality is over-powering animal spirits. Economists are debating whether the Indian economy is in cyclical decline, or whether there is a deeper structural problem. The Periodic Labour Force Survey data for 2017-18 released by the National Sample Survey reveals the structural problem.
Income disparity
هذه القصة مأخوذة من طبعة September 04, 2019 من The Hindu Business Line.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة September 04, 2019 من The Hindu Business Line.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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