Amidst all the problems faced by the sector, as a much-needed initiative, the Union Cabinet headed by PM Modi has offered a Rs.42000/- crore relief to the debt-laden sector by giving a moratorium of two years to the telcos on spectrum payment dues.
A depressed right-wing led economy has made common man put cut on his underwear consumption too!
U.S. economic outlook is healthy and it should continue to act as the main sustaining force for the global economy unless some failures in individual markets and institutions suddenly and rapidly evolve and spread over the global economy.
The piling up of inventory with the dealers and manufacturers of automobiles are cited as clear indicators of the bad climes we were in. However, the efforts that the present govt is putting is worth appreciating.
In the prevailing economical slowdown, will the measures taken by the govt ensure anything better?
Our economy is neither declining nor facing stagnation but is getting stabilized in order to jump to the next trajectory of growth
The large NPA that we suffer are largely the PONGAL gift of UPA1 and 2 as the ministry of finance in UPA 1 and 2 was handled by who is well known to the world.