ranjan

Much has been written and said about the ongoing Economic slowdown in Indian Economy. It was being indirectly said about various economic indicators warning signals for the last year or so, which has triggered into the present criticism of GDP coming down which has suddenly brought the issue into a full public glare. In fact, India was as the fastest growing developing country for the last two years, slowdown has also caught many of those making such claims by surprise. The reasons attributed to this fall can be viewed as under- 1. Fall in private consumption and Investment freeze leading to double event with a powerful     and unpleasant effect. Private consumption has taken a beating due to Demonetisation as     consumers suddenly prefer to hoard cash or in Banks instead of spending on consumer goods.     This led to withholding  of Investment by SMEs since they too operate on cash basis and the     cash crunch left them dry. Fall in Demand and supply bottlenecks mean tha