What are the reasons behind recent slowdown in Indian economy ?
How could that be restructured ? | Candider
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What are the reasons behind recent slowdown in Indian economy ?
How could that be restructured ?
4th May 2020 3:15 pm
The following result is obtained by our Internet Research Algorithm:
Following are the reasons behind the recent economic slowdown of the Indian economy -
• Nationwide Lockdown
• Reduction in the collection of tax
• Stopped flow of the economy
• Pause in production
• Lack of distribution system to reach every citizen of India.
Following are the solutions -
• Lockdown is helping in saving lives but saving livelihoods are also very important. You can's remain in lockdown forever.
• There should be a trade-off focusing on both lives and livelihoods.
• Tigard restarting of the economy is required, start with least vulnerable to the most vulnerable areas.
• Huge amount of administrative actions are required.
• Economy of India still depends upon the foreign capital hence policy for foreign capital movement is required.