Forget the Hype & Hoopla,
Indian economy Stutters & Splutters !
India’s economic growth has slowed down sharply, driven primarily by DEMONETISATION & Implementation of a FLAWED GST
India’s GDP Growth is 4.year low – GDP growth in 2014-15, 2015-16, 2016-17 and 2017-18 is 7.3%, 8.0%, 7.1% & 6.5% respectively.
These numbers prove there is a slowdown. Gross Value Added (GVA), a true sub-measure of economic activity, has experienced a steep fall. Growth of real GVA at basic prices in 2017-18 is 6.1 % as against 6.6 % in 2016-17.
In the past 4 Years, the BJP Govt. does not have the faintest idea of how to stop slide of the Economy.