As we are just two days away from the budget, 2020 and a day away from the economic survey to be released, here are a few charts explaining the major challenges faced by the Indian Economy today.
SLOWDOWN IN GDP GROWTH AND RISING INFLATION
RISING UNEMPLOYMENT
RISING POVERTY AND HUNGER: Drop in Index for No Poverty and Zero Hunger
DROP IN MONTHLY PER CAPITA EXPENDITURE
LACK OF DEMAND IN RURAL INDIA
MASSIVE SLOWDOWN IN PRIVATE CONSUMPTION, EXPORTS AND INVESTMENT
SLOWDOWN IN GROWTH OF PEOPLE INTENSIVE SECTORS (AGRICULTURE, MANUFACTURING AND CONSTRUCTION)
Over and above this, there are also media reports of declining collection of Direct taxes.
The charts depict the challenges faced by the government before the budget. IPD intends to provide no explanation of the above charts. The charts are self explanatory.
