GROWTH RATE OF INDIAN ECONOMY

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           SLOW GROTH RATE OF INDIAN ECONOMY.

     INDIA IS UNDER DEVELOP ECONOMY. BUT INDIAN ECONOMY GROW FAST IN 2014 AND 2015.ESTIMATE THE GROTH OF THAT YEAR WAS 7.5% TO 7.8% BECAUSE THE MANUFACTURING SECTOR AND INDUSTRIAL SECTOR AND SERVICE GROW FASTLY. BUT THE DECISION OF DEMONSTRATION AND G.S.T.TAKEN BY CURRENT GOVT OF INDIA EFFECTING ON THE ECONOMY AND MANUFACTURING SECTORS. SO THAT BY GROWTH RATE OF INDIA IS GOING SLOW DOWN . IN CURRENT YEAR THE ESTIMATE THE GROWTH RATE IS 6.5% . IT IS SHOWING THE LESS DEVELOPMENT IN SMALL SECTOR.



G.S.T. is also effect the manufacturing sector and small industries. Govt said this biggest reform in taxation but peoples of india is suffering with this new tax reform. Its effect is show in budget presenting by the finance minsiter on this year Feb. 2018 
   

 

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