Indian Economy Crisis 2020- The Worst Economic Slowdown in a Decade

Photo by Campaign Creators on Unsplash Gradually decreasing quarterly GDP hits below 5 percent mark along with contracting IIP(Index of Industrial Production), slow credit growth and manufacturing slow down. Decline of gross fixed capital formation to 28 percent indicates cut on savings and investments hence lack of demanding consumption.Below than targets GST collection n borrowing limitations to meet …