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Indian economy is trying to recover in the second quarter of the<br>financial year by less than 5%. The government has some initiatives<br>for the economic growth of the country and increase the export of<br>the country.
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INDIAN ECONOMY RECOVERY IN THE SECOND QUARTER
INTRODUCTION Indian economy is trying to recover in the second quarter of the financial year by less than 5%. The government has some initiatives for the economic growth of the country and increase the export of the country. The trade stimulation programs are also been conducted to enhance the growth of the country. India is developing country and growing with the rate of 6.6% per annum but the growth rate has slows down in the month of august which is declared by the ministry of India. Several surveys have also been taken place to analyses the future growth rate but still the result is same for the growth forecasted by the economists.
WORLD ECONOMY India is now 7th fastest growing economy of the world dropped down from the 5th position. One of the biggest reason is mismanagement of the international trade and imposing higher rates of taxes on the traders.
SUMMARY There are so many policies of the government which affected the growth rate of the country and all the analysis is done on the basis of the data. The Indian export data and India Import data will help to analysis that what is percentage of the growth of the country also what will be the future demand and supply of the product in the market.
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