Decoding India’s GDP and Economic slowdown | Suno India
Автор: Suno India
Загружено: 2021-06-20
Просмотров: 138
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The Indian economy was already in bad shape before the COVID-19 pandemic struck. The former Reserve Bank of India’s Governor, Raghuram Rajan also said that demonetisation and Goods and Services Tax (GST) were the two major headwinds that held back India’s economic growth.
The World Bank has estimated that India’s GDP will grow by 8.3 per cent in Financial Year 2022 which is much lower than the 10.1 per cent growth it had estimated two months back. And, the economic growth would slow further to 7.5 per cent in Financial Year 2023.
In this video of our series, Indian Economy Explained, Dr Biswajit Nag, Professor and Head of Economics Division at the Indian Institute of Foreign Trade explains why GDP figures and its sharp fall in recent times matters to every Indian.
Tune in to the full episode: https://bit.ly/indian-economy-explained
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