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Economic survey (Slow economic growth in previous (2015-2016 to 2017 -…
Economic survey
Slow economic growth in previous
2015-2016 to 2017 - 2018
High Interest rates
High oil prices
Demonitization
GST
Key points
Economy is better than expected survey predicts An upturn
Industry may be picking up a slight improvement after slump
Manufacturing export growth
China Manufacturing growth rate ~ 20%
Exports are rising after a slump
Impact of
Rupee appreciation
GST
Twin balance Sheet problem
Company's balance sheet and Bank Balance sheet
From crony Socialism to Stigmatize capitalism
Deep ambivalence Towards private Sector
Recapitalization of Bank
Oil Prices Rising (Oil prices likely to Rise nearly 30% in year)
Every $ 10 increase in oil 0.25 % reduction in growth rate
$10 billion CAD increase
inflation
Cooperative fedralism as a technology for reform
Agriculture is state subjects
Investment is falling in Public and Private downturn in Investment
Stock market "BUBBLE"