Tag: Economic Boom
February 13, 2020
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Understanding Economic Slowdown in India: What steps ha...
After years of outperforming its emerging market peers, the Indian economy has been running out of steam. Looking at five consecutive quarters of diminishing economic growth, followed by a very weak Gross Domestic Product (“GDP“) print of 4.5 percent for the 2nd quarter of the financial year (FY) 2020, it is safe to say that the India economy is going through one of its most serious crisis. This article will explore some of the reasons behind this slowdown and the steps taken by the Indian Government to deal with the same....