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
economics
Business expert
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.
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