Why India' GDP projections gowing down
What are the causes for slowdown in an economy??? Worry situation for middle class??? Indian economy currently growing at 5.4% in this quarter acc to 1st financial estimate by MoSPI and it is going to be 6.4% for fY 25 which is 1.8% less than the previous year i.e 8.2% .India estimates for the GDP in growing to 5 trillion dollar economy is being hit by the depreciation of rupee to all time low about to peg 86 Rs for a dollar. India's GDP is currently at $3.8Trillion.India's economy facing crisis due to inflation and disruptions in investment and also due to less capital expenditure from govt during election time as down by nearly approx 10% both from centre and state.Also pvt companies are not investing in economy due to disruptions in the consumption expenditure from middle class people as they are affected by t...