What is the state of the Indian economy today? This question can be answered in many ways. recently, I came across a graphical take on it that suggested we started heading down after the momentous day of November 8, 2016 and have never looked back which unfortunately is not a good thing in this case. Starting with demonetization some suggested that it was the hasty implementation of GST, and then the NBFC crisis before the COVID-19 pandemic completely tanked the economy. Would this picture be conformed by a preliminary business cycle style analysis?
Share this post
A filtered perspective on the Indian economy
Share this post
What is the state of the Indian economy today? This question can be answered in many ways. recently, I came across a graphical take on it that suggested we started heading down after the momentous day of November 8, 2016 and have never looked back which unfortunately is not a good thing in this case. Starting with demonetization some suggested that it was the hasty implementation of GST, and then the NBFC crisis before the COVID-19 pandemic completely tanked the economy. Would this picture be conformed by a preliminary business cycle style analysis?