India in historic technical recession, RBI 'nowcast' shows

[Sachin200]

26 minutes ago, NiranjanGaaru said:

Nen epudo chepanu Modi ki economics telidu ani....adhi Vadi tappu kadhu many PM and presidents around the world Don't know it ,but he can have good team instead of arrogant Nirmala taii who is useless to the core

Modi surrounded by a bunch of IMF crazy loonies who don't know ground level economic impact,he should make Swamy finance minister

Adhey kadha 

Ee fiberal batch usa lo recession antey , covid kadha antaru. Adhey India ayitey leader failure

Subramanian swamy would be better option . Still believe Modi will do something towards the economy and hope India will becomw giant hub for manfacturing  besides china . Hopefully USA will support too

[NiranjanGaaru]

Just now, Sachin200 said:

Adhey kadha 

Ee fiberal batch usa lo recession antey , covid kadha antaru. Adhey India ayitey leader failure

Subramanian swamy would be better option . Still believe Modi will do something towards the economy and hope India will becomw giant hub for manfacturing  besides china . Hopefully USA will support too

Modi ganiki illetrate in economics kaaka....Indian economy ni track lo petadaniki swamy Oka Manchi book rasadu ...Modi Kuda pampinchadu Anta ,English Kuda sakkaga rademo sadavadaniki.......lol

 

[Sachin200]

Just now, NiranjanGaaru said:

Modi ganiki illetrate in economics kaaka....Indian economy ni track lo petadaniki swamy Oka Manchi book rasadu ...Modi Kuda pampinchadu Anta ,English Kuda sakkaga rademo sadavadaniki.......lol

 

Ee book hard copy purchase  chesa , chadivava book ?

Since 1947 our economic transition antha cheppadu . Socialism how is effected etc 

Kontha chadiva , Inka chadavali. Explained demonetisation , macroeconomics is completely different from microeconomics Ani Tina argument . Existing people ki teliyadhu Ani saying . 

Modi konni topics lo shah influence emo , evari mara vinadu 

[NiranjanGaaru]

2 minutes ago, Sachin200 said:

Ee book hard copy purchase  chesa , chadivava book ?

Since 1947 our economic transition antha cheppadu . Socialism how is effected etc 

Kontha chadiva , Inka chadavali. Explained demonetisation , macroeconomics is completely different from microeconomics Ani Tina argument . Existing people ki teliyadhu Ani saying . 

Modi konni topics lo shah influence emo , evari mara vinadu 

Modi is basically from Gujarat,gujju Galla mindset leki ga untadhi Anni vinna ,they don't have broader perspective....so Modi is not giving people money when it is needed ,peenasi anuko..literal ga

And trying to develop cult image to him ,like implementing demontisation ,GST adhedho pedda wonder laga president ni parliament ki pilichi speechlu ipimchi button nokki inaguarate chesadu....lol

He should seriously concentrate on economy this next 2 years ,hindutva ki cheyalsindhi bane chesadu ,2019 tarvtha economy completely licked off.....

He should have good advisors like surjit bhalla ,montek Singh ahulwalia or Swamy 

Nirmala ni entha twaraga pekesthe antha better ,Her mentor is Arun jaitley in economics,vade half knowledge gadu

[tom bhayya]

1 hour ago, NiranjanGaaru said:

Nen epudo chepanu Modi ki economics telidu ani....adhi Vadi tappu kadhu many PM and presidents around the world Don't know it ,but he can have good team instead of arrogant Nirmala taii who is useless to the core

Modi surrounded by a bunch of IMF crazy loonies who don't know ground level economic impact,he should make Swamy finance minister

Powerful people untey modi ki poti avuthaaru ga so alaanti vallaney team lo pettali antunna bodi pans

[NiranjanGaaru]

2 minutes ago, tom bhayya said:

Powerful people untey modi ki poti avuthaaru ga so alaanti vallaney team lo pettali antunna bodi pans

Vadi poti maata pakaana pettu ,he only get bad name.....and will be remembered for his attitude towards Economy like Indira Gandhi bad image for emergency

[tom bhayya]

53 minutes ago, Sachin200 said:

Adhey kadha 

Ee fiberal batch usa lo recession antey , covid kadha antaru. Adhey India ayitey leader failure

Subramanian swamy would be better option . Still believe Modi will do something towards the economy and hope India will becomw giant hub for manfacturing  besides china . Hopefully USA will support too

Nirmalamma husband ey public ga mingaadu bodi ni and its finance ministry ni , COVID is an excuse but economy downfall start ayyi chaala time ayyindhi appudu corrective measures emi theesukoledhu ani 

[ZoomNaidu]

1 hour ago, dewarist said:

anthe anthe, manaki nacchaka pothe script ade kada

Em seddham, meeru atta nerpinchaaru maaku 😂😂

[Sachin200]

1 hour ago, tom bhayya said:

Nirmalamma husband ey public ga mingaadu bodi ni and its finance ministry ni , COVID is an excuse but economy downfall start ayyi chaala time ayyindhi appudu corrective measures emi theesukoledhu ani 

Aadu geetha lo sri krishnudu Mari 

 

Till Aug 2019

Rating agency Crisil on Thursday lowered the gross domestic product (GDP) growth forecast by 20 basis points to 6.9% for 2019-20, citing weak monsoon and slowing global growth. This is marginally higher than the 6.8% GDP growth last fiscal, but lower than the 14-year average of 7%. Here’s a look at the reasons for the slowdown:

Agencies

2/8

Jolt of reforms

Demonetisation that happened in November 2016, dealt a severe blow to consumption, leading to a vicious cycle of job loss and lower income, which led to further drop in demand (what economists call the multiplier effect). Next shock came in the form of a reform — when GST was rolled out in July 2017. This had a knock out effect on exports growth in the year of implementation because of delay in refunds to exporters.

Just as the effects of DeMo & GST were petering out, the IL&FS crisis triggered the Non Banking Financial Companies' (NBFC) credit crunch in 2018. By 2018-end, weakening global trade and GDP growth, led by US- China tariff wars, had caught up, amplifying the impact.

 

Agencies

3/8

Tight monetary and fiscal policies

Since 2016-17, the monetary policy was focused on inflation control, which ensured interest rates remained hard. The combined fiscal deficit of the Centre and the state was high. And the government committed to lowering its fiscal deficit, left little wiggle room for government to increase its spending to pump-prime the economy

 

Agencies

4/8

Global headwinds

With the US-China trade war, global sentiments have remained poor, making the prospects of an export led growth bleak. Add to that, a looming Brexit with its pioneer Boris Johnson now the PM of UK. All this made the economic outlook appear bleak.

Crude prices favoured Modi in the first three years of his first term, but prices have firmed up after that, putting inflationary pressure.

Agencies

5/

Financial sectors sill in a mess

The NPA ratio worsened throughout the UPA-II term and is still quite high. But no sooner did the NPA ratio start improving in fiscal 2019, the NBFC stress started building up. Stress in NBFCs percolates faster than public banks, because of its greater interconnectedness to mutual funds, banks, and corporate sector.

 

 

 

Agencies

6/8

Farmer's empty pockets

Non-food inflation continued to surpass food inflation in the past two years, amounting to income transfers from rural to urban areas. Farm income could get a leg-up from the government’s income transfer scheme, and a rise in food prices would boost the terms of trade, which could make things better in the second half of this fiscal.

According to Ashu Suyash, managing director and CEO, CRISIL, "Given the crosswinds, the sops announced so far might not be enough to pitchfork growth in this fiscal to, or above, the past 14-year average of 7% per annum. Policy action looks more attuned to consumption than investment demand, which means consumption will be the first to ascend as the tide turns."

 

[Picheshwar]

Vuuu

[dewarist]

6 hours ago, ZoomNaidu said:

Em seddham, meeru atta nerpinchaaru maaku 😂😂

Ghanapaatilu meeku whatsapp university undaga , meeku memu emi nerpistam

[Picheshwar]

Vuuu

[Killer66]

subramanya swamy ni FM cheyakapovadam  bodi gadu cheshina pedda mistake 

 

[ZoomNaidu]

17 minutes ago, Killer66 said:

subramanya swamy ni FM cheyakapovadam  bodi gadu cheshina pedda mistake 

 

He is aged, cannot focus now. Last 5 yrs back oka video vachindhi chudu- thaali kattaboyinaadu 😂😂

[Sachin200]

1 hour ago, ZoomNaidu said:

He is aged, cannot focus now. Last 5 yrs back oka video vachindhi chudu- thaali kattaboyinaadu 😂😂

Age kakapoina , experience and his suggestions anna use cheskovachu ga