Five major developments in india during modern period
Answers
Answer:The period starting from 2011-12 saw a severe slowdown in the industrial growth and production. The slowdown during the period is due too.
Weak Demand for exports from the Developed Western Countries due to Global Financial Crisis.
The slowdown in the Domestic Demand.
High Interest in India maintained by the RBI, due to persistently high Inflation.
The slowdown in the Private Investment by the private sector due to weak returns on the investments.
Rising NPAs of the Public-Sector banks has led to weak credit and lending offered by them.
Failure of past projects of the private sector.
Government reluctance to increase Public investment due to the stand of maintaining a low fiscal deficit.
Uncertain Global Recovery.
European Debt Crisis.
The slowdown in the prices of commodities in International Commodity markets mainly due to weak Chinese growth. The weakness in the prices has hit the Indian agriculture sector where prices of the Agriculture commodities has remained low, leading to collapse of income in the rural areas