Causes for Economic slowdown

1)Demonetization

2)GST implementation

3)Problems in agriculture sector

The official data released by the National statistics office says that weaker consumer demand and slowing private investments are the two key factors behind the economic slowdown. According to CMIE, the overall unemployment rate is 7.2% (up to 22 Jan 2020 data).

Improving the agriculture sector, giving money to the poor can increase demand. Infrastructure building must be encouraged, and large scale industries must also be increased...Listen for more