07 August 2019

Business

Slow And Down! Low Growth, Less Jobs, Poor Income, No Spending -- Why India Is In Economic Despair

Reelection of a stable government has had no impact on lifting the country's economy. Slowdown started with banking and more sectors are getting impacted. Is the government really bothered?

In Doldrums

The automobile industry is a casualty of the ­reluctance of banks to lend

The government is depending on the private sector to boost the economy and create jobs in a scenario where the animal spirit seems to be dulled. The situation is unexpected ­considering the strong signal from the BJP’s reelection with a strong majority, promising a stable regime. The outlook is also good on the weather front—after...