Most people regard downturns in the economy as disasters. But the fact is that business cycles – expansion and contraction of economic activity – are normal in market economies.
Indian economy is going through a sharp downswing. It is a fact that the slowdown has turned out to be sharper than everyone expected. Even institutions rich in economic talent – IMF, World Bank, OECD, our own CSO, RBI, and Investment Banks – got their growth forecasts for FY 20 wrong. The projected GDP growth of FY 20 is now at 5 per cent: this would be an 11-year low. Now there is a consensus that growth has troughed out and recovery will begin in the next couple of quarters.
Esta historia es de la edición February 2020 de Destination Kerala.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición February 2020 de Destination Kerala.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
‘TAKE STEPS TO ATTRACT FDI INTO MARINE PRODUCTS SECTOR'
The India International Seafood Show held in Kochi after a gap of 12 years saw the participation of over 1,500 delegates, 50 of them from 12 foreign countries
‘MAKEOVER OF 50 ADVENTURE TOURISM CENTRES SOON'
Kerala Tourism Minister Kadakampally Surendran launches comprehensive safety and security regulations for the Adventure Tourism sector
‘INDIA'S HIGHER EDUCATION ASSUMES PRACTICAL DIMENSION'
Walter J Lindner, German Ambassador to India, was inaugurating Steag Centre for Smart City Technologies on the RSET’s campus
UNION BUDGET 2020: A MIXED BAG TO HELP REVIVE THE ECONOMY
Budget 2020-21 is built on three major themes of Aspirational India, Economic Development and Caring India
TAKE IPO ROUTE TO RAISE FUNDS, KRIS TELLS STARTUPS
Infosys Co-founder Kris Gopalakrishnan was inaugurating the fifth edition of ‘Seeding Kerala’, organised by the Kerala Startup Mission in Kochi
KERALA'S TOURISM SHOWPIECE AKKULAM LAKE TO BE REVIVED
The new project, worth Rs. 64.13 crore, primarily aims at cleaning the lake by employing various eco-friendly technologies
KERALA'S NOVEL EXPERIMENTS CONTINUE UNDER RT
Responsible Tourism is not a mere hollow ‘fashion statement’ for Kerala Tourism but a core value which guides the initiatives to take tourism activities to the grass-roots level, ensuring livelihood to local communities while offering wonderful experiential tourism products to the visitors, showcasing the ‘life on the move’. The success stories of Kerala’s RT initiatives, impressively sustainable and reassuringly inclusive, are drawing the attention of the entire world. Here, we present the unique RT experiments of God’s Own Country for our readers
ITB BERLIN A BIG DRAW EVEN AS DAMPERS GALORE
More than 10,000 organisations and companies from over 180 countries have booked up again this year for the world's premier travel show
INFORMED FACILITATORS OF MATERNITY WELLNESS
ILove9Months offers complete support to a woman in her journey to motherhood and after through its Apps and at-home services
GOVT. ENVISAGES ‘SPACE CITY' TAG FOR KERALA CAPITAL: CM
‘New Space – Opportunities and Way Forward’ was the theme of the international conclave on Space Technology, EDGE 2020 held in Thiruvananthapuram