{"id":35166,"date":"2018-10-31T15:31:58","date_gmt":"2018-10-31T10:01:58","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=35166"},"modified":"2018-10-31T15:31:58","modified_gmt":"2018-10-31T10:01:58","slug":"inglorious-uncertainty","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/inglorious-uncertainty\/","title":{"rendered":"Inglorious uncertainty:\u00a0"},"content":{"rendered":"<p><a href=\"http:\/\/indianexpress.com\/article\/opinion\/columns\/inglorious-uncertainty-indian-economy-growth-amit-shah-bjp-government-4842440\/\">Inglorious uncertainty<\/a>:<\/p>\n<p><strong>Context<\/strong>:<\/p>\n<p>India has experienced an economic slowdown to 5.7%<\/p>\n<p><strong>What is the issue?<\/strong><\/p>\n<ul>\n<li>India needs to grow at least 7 to 8 per cent a year. However, for the last 6years it has not crossed that average.<\/li>\n<li>Several indices like private investment, index of industrial production are also disappointing.<\/li>\n<li>However, the present government cite \u201c technical issues\u201d as the reason for economic slowdown<\/li>\n<\/ul>\n<p><strong>What are the major issues with present government policies?<\/strong><\/p>\n<ul>\n<li>Inefficient addressing to the problem around the relationship between big capitals and the banking system<\/li>\n<li>Though inflation has been managed well, unemployment remains a big problem<\/li>\n<li>There is diminishing faith in the private sector. Indian capital is facing a deep crisis of credibility.<\/li>\n<li>There is a lack of economic diagnosis. Myopic view of the government while implementing major structural reforms is a major issue.<\/li>\n<li>Improper implementation of reforms like demonetization. What it might manage to achieve in the future, could have been achieved by other means and at far less cost to the poor.<\/li>\n<li>Economic pessimism is evident from the political support for demonetization. The confidence in government was a consequence of the rock-water bottom to which the economy has reached.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Inglorious uncertainty: Context: India has experienced an economic slowdown to 5.7% What is the issue? India needs to grow at least 7 to 8 per cent a year. However, for the last 6years it has not crossed that average. Several indices like private investment, index of industrial production are also disappointing. However, the present government&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/inglorious-uncertainty\/\">Continue reading <span class=\"screen-reader-text\">Inglorious uncertainty:\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-35166","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704770026},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/35166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=35166"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/35166\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=35166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=35166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=35166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}