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Showing posts from September, 2019

ECONOMIC SLOWDOWN HAS PUT FEAR OF GOD ON THE GOVERNMENT

Four major steps have been taken by the FM Nirmala Sitharaman in the last one month, and as TOI puts it, to fire "booster shots" to some of the worst immediate pain points of the economy to revive sluggish growth across affected sectors. Even the government has also endorsed her acknowledgement to the  slowdown in Indian economy by initiating 4 big steps by our FM to revive our economy, 2 press conferences and big announcement of FDI -- all one after the other during the last one and a half months can never be attributed to a hoax or a hype created by "unfair" economists, media experts and intellectual community who understand the crisis situation in the country's economy as against the government's tendency to withhold uncomfortable data or give incorrect or continuously revised version of data to confuse and misguide the nation. The RBI report has also acknowledged the economic slowdown. However, experts are sceptical if these measures announced by our FM