Causes and the Nature of the Slowdown in the Indian Economy

6 Pages Posted: 12 Dec 2019

See all articles by Rajeev Kumar Upadhyay

Rajeev Kumar Upadhyay

Sri Aurobindo College (Evening), Delhi University

Date Written: October 21, 2019

Abstract

Reforms are always good for any economy as these are meant for but the end results depend on the implementation and execution. In case of India, reforms were carried out with right intentions to increase economic activities and clean-up and plug-in different structural imperfections which have crept in overtime and had been unattended for long. However it is well known fact that every change in structure requires some gestation time to adjust before things return to normalcy and Indian economy was not an exception to this. But the way just in few quarters, these structural changes have been introduced; it seems that the government was in haste. Also the way these changes were implemented it indicates that there was hardly any well planned execution strategy; a clear sign of gross mismanagement of economic affairs.

Keywords: Economic Slowdown, Indian Economy

Suggested Citation

Upadhyay, Rajeev Kumar, Causes and the Nature of the Slowdown in the Indian Economy (October 21, 2019). Available at SSRN: https://ssrn.com/abstract=3492974 or http://dx.doi.org/10.2139/ssrn.3492974

Rajeev Kumar Upadhyay (Contact Author)

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

South Campus
Delhi
India

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