RECHARGE THE ECONOMY; SLOWDOWN THREATENS THE $5 TRILLION VISION
DOI:
https://doi.org/10.29121/granthaalayah.v7.i11.2020.334Keywords:
Economy, Slowdown, Threaten, Trillion, VisionAbstract [English]
The Ups and downs in Indian economy are well known to everyone. This is a routine phase and our economy boost up month after month year after year. The Central bank of our country R.B.I. is look after all the policies relating to money credit, investment and deposits. Before two years the Government of our country took a step of demonetization the results of demonetization are not good enough. The government also introduces GST sometimes back and the taxes are levied by the government on some sectors are very much this is also one of the main reasons of Economic slowdown in our country. In our country GST slab is not equal and it is not uniform on all the commodities our fuel prices are not covered under GST due to this we have to pay a heavy amount in the use of petroleum products. In every sector for example Auto mobile sector, FMCG sector Property sector there is a slowdown and the buyers have no money to buy the products.
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References
Dr D.M. Mithani, Managerial Economics – Theory and Applications, Himalaya Publications
D.N. Dwievedi, Managerial Economics, Vikas Publications
http://www.businessworld.in/article/A-Long-Road-To-A-5-trillion-India/20-09-2019-176472/
http://www.businessworld.in/article/Fixing-The-Economic-Slowdown/05-09-2019-175708/
Business world magazine
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