Investing in the Turbulent Decade that Was & Beyond

<p>The great Indian growth story had taken a pause in the last two years of the decade. The Indian economy derailed post the twin shocks of Demonetization and hasty implementation of GST. From the peak growth rate of 8% plus which was the hallmark of the Indian economy the Indian economy has grown at a pace of less than 5% in the last few quarters of 2019.&nbsp;</p><p>The GDP growth for the second quarter of 2019-20 has been 4.5% as against 7.1% in the second quarter of 2018-19. With the lower growth the Indian economy fits into the typical definition of recession with shrinking GDP in two or more consecutive quarters.&nbsp;</p><p>In the Indian context the situation is one of Stagflation wherein inflation is high in a period of low growth and unemployment is high. The combination of slow growth rate along with high inflation is not the best for overall economic growth and adds to the issues for job creation and lower private capital expenditure mainly due to the slow credit off-take in the economy.&nbsp;</p><p>&ldquo;Investing in the Turbulent Decade that Was &amp; Beyond&rdquo; gives every reader a clear understanding on the Indian economy; the transition from one of the fastest growing economies to an economy that is struggling to create jobs and stress that has been witnessed in the Indian economy in the last part of the decade. With the new decade coming in world economic growth hinges upon the way the Indian economy performs.&nbsp;</p>