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Falling Growth Rate of India's GDP
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TOPIC: Falling Growth Rate of India's GDP

Falling Growth Rate of India's GDP 4 years, 6 months ago #1184

The indian currency is not well, fiscal deficit is increasing, a government which is increasingly becoming populist, drying up of private investment....the question is whether India can return to a path of high growth

Re: Falling Growth Rate of India's GDP 4 years, 6 months ago #1185

  • poojad
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India needs to remove fuel subsidies: A liter of petrol in "world's largest democracy" costs somewhere around Rs. 78. To give a sense of this number, one should look at the poverty line, which is around Rs. 30 per day. Get more foreign investors in because they have done the country a lot of good.

Re: Falling Growth Rate of India's GDP 4 years, 6 months ago #1189

The state is borrowing too much, crowding out private firms and keeping inflation high. There has been no reforms over the past few years. Foreign investors have been not adequately appeased which has made current-account deficit harder to finance, and the rupee has plunged.

Re: Falling Growth Rate of India's GDP 4 years, 5 months ago #1192

Recently, financial services firm Moody's has that Indian economy is facing stagflation, where growth is slow and inflation high, and it has cautioned that the Reserve Bank cannot be too aggressive in cutting interest rates. As said by Moody's RBI has to be really careful about the interest rates..

Re: Falling Growth Rate of India's GDP 4 years, 5 months ago #1194

all eyes are on RBI for the rate cut. RBI needs to tread very cautiously when growth is stagnating as well as inflation is high...

Re: Falling Growth Rate of India's GDP 4 years, 5 months ago #1211

  • vidya_mba
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India needs change in the power to bring in reforms. The current government is ruling for last 8 years but could bring in reforms. Indian voters have to give chance to others in running the country

Re: Falling Growth Rate of India's GDP 4 years, 4 months ago #1245

  • mansin
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i agree...india needs to relax FDI norms to push growth

Re: Falling Growth Rate of India's GDP 4 years, 4 months ago #1248

totally agree on this one... we need FDI norms relaxation...especially in retail..
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