write a brief note on the present economic scenario of the world
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Indian economy is consumption-led as 68.5% of GDP is composed by private consumption (57.2% of GDP, growing at 5.3% in FY20) and government consumption (11.3% of GDP, growing at 11.8% compared to 10.1% last year).
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Answer: Indian economy is consumption-led as 68.5% of GDP is composed by private consumption (57.2% of GDP, growing at 5.3% in FY20) and government consumption (11.3% of GDP, growing at 11.8% compared to 10.1% last year).
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