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Make in India

A Peak Into The Indian Economy: Q1 2019

The democratic verdict was pronounced by the people of India in May 2019, empowering the BJP to continue leading the reins of the country. The prime minister, humbly accepted a second term in office and took on an ambitious and herculean task of building, a $5 Trillion economy for the citizens by 2025. Though the GDP growth decelerated to a 5 year low, at approx. 6% in the first quarter of FY20, the ambitious goal has received the admiration and support of several industrialists. However, a quick look at economic indicators suggest that, industrial production has been struggling for over…