Skip to main content

Posts

Showing posts with the label #economic slowdown in india ppt

SLOWING OF THE ECONOMY OF INDIA SINCE LAST 5 YEARS Karuna Nayak Manager Fintech [ MBA FA] Aircrews Aviation Pvt . Ltd

SLOWING OF THE ECONOMY OF INDIA SINCE LAST 5 YEARS Karuna Nayak  Manager Fintech [ MBA FA] Aircrews Aviation Pvt . Ltd  REASONS FOR SLOWING OF THE ECONOMY OF INDIA  SINCE LAST 5 YEARS 1.UNEDUCATED PM The Indian economy has been in doldrums since 8 pm on 8 November 2016, and the Narendra Modi government has finally begun to admit there’s a problem. The strongest admission yet came Thursday when NITI Aayog vice-chairman Rajiv Kumar  “Nobody had faced this sort of situation in the last 70 years where entire financial system was under threat.” He added that the root cause of the problem lay in the UPA-2 years: “The entire episode started with indiscriminate lending during 2009-14 leading [to] rise in non-performing assets (NPAs) post-2014.” Yes, Manmohan Singh left the economy in a mess in 2014, we know that. If everything was fine, why would people have voted out the UPA? Modi’s job was precisely to fix the economy, and he contested the 2014 election on that very i