A red-hot economy was India’s greatest strategic strength. It's now diminishing and damaging India’s stature, as reflected in responses to the Kashmir crisis.
The fall in GDP growth needs to be reversed before it becomes a sustained downward spiral. Sharp tax cuts can help, as can a move away from the tax raids policy.
Goldman Sachs & Citigroup lowered growth projections to 6% for FY20, while Oxford Economics said there’s a risk the expansion could be weaker than that.
It is hard to recall another week under Modi that has been as packed with economic policy pronouncements. But it’s a long haul before narrative really changes.
India should have secured greater savings by pressing Russia for prices nearer the cap while sustaining high volumes. This would have preserved strategic autonomy and served economic logic.
One such website has drawn particular scrutiny for spreading fake stories that have upset not only the Indian but also foreign defence firms by falsely attributing misinformation.
October-November 2019 has witnessed a swift and elephantine activity in India’s economic sector. The Central Govt has announced a number of measures of big magnitude to deal with major worrisome concerns of economic in nature while more could come up in December or soon thereafter in 2020. And this intense activity in economic sector is not without valid reason. A number of reports have appeared in news media during October-November suggesting something really worrisome in India’s economic growth. And now on 29 November 2019 has appeared report of National Statistical Office which is being read to say that in July-September , being period of Q2 in FY 2019-20 , GDP growth in India has dipped to 6-year low of 4.5%. In this context , it may be apt to say that a precisely unambiguous alert of these likely major worrisome concerns in economic sector of India was sounded by this Vedic astrology writer as early as last year 2018 on 7 October through article – “ The year 2019 astrologically for India” – published at theindiapost.com on the said date. Later another alert in the global context through article – “ World trends in April to August 2019” – was brought to public domain widely in March and on 5 April 2019. The sum and substance of the alert was that a major worrisome concern of slowdown in economic sector for a number of countries listed there looked to be visiting during a period of four and a half months from mid-April to August 2019. India was also in the list. A review of these alerts for more care and appropriate strategy by this writer in May had suggested that the just said major worrisome concern could enlarge and reach out to mid-October 2019. It was also added that the period from about 7 August to 9 October looked to be more particular in that regard. It seems now that the alerts aforesaid were precise , accurate and meaningful in view of a number of analysis reports on India’s economy published during October-November 2019.
Now , the year 2020 is coming soon. Readers must be interested to know potential promise of stars for India in 2020 as read by this writer. Yes , these have been published on 10 October , 2019 at theindiapost.com through article -“ Predictions for coming year 2020 by kushal kumar” –
at theindiapost.com/articles/predictions-for-coming-year-2020-by-kushal-kumar/ . Briefly speaking , first two and a half months of 2020 suggest taking of elephantine endeavors by the Govt aimed at addressing the said situation. Next about three and half months could intervene through unexpected worrisome circumstances of a variety in nature. It is the second half of 2020 when halt of major worrisome concerns in economic sector has been predicted while the addressing could be “ to an extent”.
Actual growth should be around 2.5%. What is frightening is the red ink everywhere. The debt level is astounding. And without growth you cannot rectify the situation.
And Modi keeps announcing new freebies like he were Father Christmas. Oops. Sorry. I’m not supposed to use a Christian sol for him.
October-November 2019 has witnessed a swift and elephantine activity in India’s economic sector. The Central Govt has announced a number of measures of big magnitude to deal with major worrisome concerns of economic in nature while more could come up in December or soon thereafter in 2020. And this intense activity in economic sector is not without valid reason. A number of reports have appeared in news media during October-November suggesting something really worrisome in India’s economic growth. And now on 29 November 2019 has appeared report of National Statistical Office which is being read to say that in July-September , being period of Q2 in FY 2019-20 , GDP growth in India has dipped to 6-year low of 4.5%. In this context , it may be apt to say that a precisely unambiguous alert of these likely major worrisome concerns in economic sector of India was sounded by this Vedic astrology writer as early as last year 2018 on 7 October through article – “ The year 2019 astrologically for India” – published at theindiapost.com on the said date. Later another alert in the global context through article – “ World trends in April to August 2019” – was brought to public domain widely in March and on 5 April 2019. The sum and substance of the alert was that a major worrisome concern of slowdown in economic sector for a number of countries listed there looked to be visiting during a period of four and a half months from mid-April to August 2019. India was also in the list. A review of these alerts for more care and appropriate strategy by this writer in May had suggested that the just said major worrisome concern could enlarge and reach out to mid-October 2019. It was also added that the period from about 7 August to 9 October looked to be more particular in that regard. It seems now that the alerts aforesaid were precise , accurate and meaningful in view of a number of analysis reports on India’s economy published during October-November 2019.
Now , the year 2020 is coming soon. Readers must be interested to know potential promise of stars for India in 2020 as read by this writer. Yes , these have been published on 10 October , 2019 at theindiapost.com through article -“ Predictions for coming year 2020 by kushal kumar” –
at theindiapost.com/articles/predictions-for-coming-year-2020-by-kushal-kumar/ . Briefly speaking , first two and a half months of 2020 suggest taking of elephantine endeavors by the Govt aimed at addressing the said situation. Next about three and half months could intervene through unexpected worrisome circumstances of a variety in nature. It is the second half of 2020 when halt of major worrisome concerns in economic sector has been predicted while the addressing could be “ to an extent”.
Actual growth should be around 2.5%. What is frightening is the red ink everywhere. The debt level is astounding. And without growth you cannot rectify the situation.
And Modi keeps announcing new freebies like he were Father Christmas. Oops. Sorry. I’m not supposed to use a Christian sol for him.
Socialist Modi murdabad
5 trillion here .we come in 14-15 years at this rate. Forget 5 triiliom in 5 yeas bullshit.
Under extreme left wing Marxist Modi 5 trillion is only a pipedream. For that you need a PVNR or ABV.
Terrible. Even the modification of official statistics can no longer conceal the detritus of the train wreck.