Slowdown Creeps in Indian Economy

7 Pages Posted: 29 Aug 2019

See all articles by Rajeev Kumar Upadhyay

Rajeev Kumar Upadhyay

Sri Aurobindo College (Evening), Delhi University

Date Written: August 25, 2019

Abstract

Since 2015, various lead indicators, including the business cycle and the financial cycle, have started pointing towards a possible slowdown in Indian economy but those signs were too weak and the whole economic environment was full with optimism. Though, today the signs of slowdown are strong and more visible. Many indicators like consumption (demand), private investment, number of new projects and GDP growth rate (6.8% in 2018-19) are slowing down. Different institutions like Moody’s and economists are cutting India’s projected GDP growth rate. However this downturn is expected to be a short term phenomenon.

Keywords: Economic Crisis, Indian Economy

Suggested Citation

Upadhyay, Rajeev Kumar, Slowdown Creeps in Indian Economy (August 25, 2019). Available at SSRN: https://ssrn.com/abstract=3442600 or http://dx.doi.org/10.2139/ssrn.3442600

Rajeev Kumar Upadhyay (Contact Author)

Sri Aurobindo College (Evening), Delhi University ( email )

South Campus
Delhi
India

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