
Economic Slowdown in India
The devastating effect of Covid19 on the Indian economy is by now well-known. The growth rate of the economy slumped to a negative figure in the year 2020-21. What is less talked about, however, is the fact that growth slowdown in India had started several years before the pandemic struck. The two questions that naturally arise are: what explains the long economic slowdown and what can be done abo...
The devastating effect of Covid19 on the Indian economy is by now well-known. The growth rate of the economy slumped to a negative figure in the year 2020-21. What is less talked about, however, is the fact that growth slowdown in India had started several years before the pandemic struck. The two questions that naturally arise are: what explains the long economic slowdown and what can be done abo...