Discover and read the best of Twitter Threads about #savingrate
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Q. What are fundamentals of economy?
A. GDP growth, unemployment rate, inflation rate, fiscal deficit of the govt, savings & investment rates in the economy, the domestic currency’s relative value against the US $, external debt, level of poverty & inequality, etc...
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A. GDP growth, unemployment rate, inflation rate, fiscal deficit of the govt, savings & investment rates in the economy, the domestic currency’s relative value against the US $, external debt, level of poverty & inequality, etc...
Read On👇
India's falling #GDP growth in last 5 yrs
FY16-17➡️7.04%
FY17-18➡️6.12%
FY18-19➡️5.02%
FY19-20➡️4.2%
FY20-21➡️-7.3%
FY21-22 GDP growth forecast➡️8.3%
That means, India’s GDP growth over the 2 yrs (FY20-21 & FY21-22) to remain 0.50%
Strong fundamental of economy🤷♂️
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FY16-17➡️7.04%
FY17-18➡️6.12%
FY18-19➡️5.02%
FY19-20➡️4.2%
FY20-21➡️-7.3%
FY21-22 GDP growth forecast➡️8.3%
That means, India’s GDP growth over the 2 yrs (FY20-21 & FY21-22) to remain 0.50%
Strong fundamental of economy🤷♂️
Read On👇
#UnemploymentRate was at a 45-year high in 2017-18.
As against the norm of 2%-3% unemployment rate, India started routinely witnessing unemployment rates close to 6%-7% in the yrs leading up to Covid. The pandemic made matters worse.
Strong fundamental of economy🤷♂️
Read On👇
As against the norm of 2%-3% unemployment rate, India started routinely witnessing unemployment rates close to 6%-7% in the yrs leading up to Covid. The pandemic made matters worse.
Strong fundamental of economy🤷♂️
Read On👇
