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Podcast: News and Views
Episode: Do Current Economic Conditions Hint At Impending Crisis?
Description: There’s bad news on the economic front – GDP rate has slipped drastically to 5 percent and inflation rate has soared. Despite the bold steps taken by the government to revive the economy of late, the desired results haven’t been achieved owing to a rather complex situation.
A few economists discern clear signs of a slowdown while other think it’s the beginning of an economic contraction – begging the question – Is India on the brink of an economic crisis?
Let's take a look at some numbers:
The projected GDP growth rate for the second quarter is 4...