DMPQ: Economic survey suggested that India’s growth decoupled with the world growth? What is this decoupling and what are the reasons for it?( Economic survey)

by

Decoupling means Decline in the growth rate of India when world was facing positive growth rate. The Reasons for this decoupling can be attributed to Domestic reasons and the long term effect of balance sheet syndrome.

 

Reasons are:

  • Demonetisation exercise lead to negative growth rate.
  • Problems in new Indirect tax reform GST.
  • Twin balance sheet problem
  • Rising oil prices is a source of concern and it will eat up our growth if its price goes on increasing.
  • Sharp falls in certain food prices that impacted agriculture income.

 

Final Destination for Haryana PSC Notes and Tests, Exclusive coverage of HPSC Prelims and Mains Syllabus, Dedicated Staff and guidence for HPSC Exams HPSC Notes brings Prelims and Mains programs for HPSC Prelims and HPSC Mains Exam preparation. Various Programs initiated by HPSC Notes are as follows:- For any doubt, Just leave us a Chat or Fill us a querry––