{"id":7810,"date":"2020-01-31T05:41:08","date_gmt":"2020-01-31T05:41:08","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=7810"},"modified":"2020-01-31T05:41:09","modified_gmt":"2020-01-31T05:41:09","slug":"india-to-finally-get-rid-of-crushing-slowdown","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/india-to-finally-get-rid-of-crushing-slowdown\/","title":{"rendered":"India to Finally Get Rid of Crushing Slowdown"},"content":{"rendered":"\n

The crushing slowdown may finally release its grip as the\nEconomic Survey, which will be tabled in Parliament, predicts India’s growth\nrate in the range of 6-6.5 percent in Financial Year 2021. Annual economic\ngrowth slowed to 4.5 per cent in the July-September quarter, the weakest pace\nsince 2013, owing to weakening demand and private investment.<\/p>\n\n\n\n

Daily Current\nAffairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n

Slowing growth has put pressure on the government to\nexpedite reforms as five rate cuts by Reserve Bank of India have hardly helped.\nThe government is expected to announce tax concessions for individuals and\nincrease spending on infrastructure after cutting corporate tax rates last year.\nThe Economic Survey calls for strong reforms in Public Sector Banks and\nsuggests the use of Artificial Intelligence to better utilise the wealth of\ndata created by the government-owned banks.<\/p>\n","protected":false},"excerpt":{"rendered":"

The crushing slowdown may finally release its grip as the Economic Survey, which will be tabled in Parliament, predicts India’s growth rate in the range of 6-6.5 percent in Financial Year 2021. Annual economic growth slowed to 4.5 per cent in the July-September quarter, the weakest pace since 2013, owing to weakening demand and private […]<\/p>\n","protected":false},"author":13,"featured_media":7811,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[871],"tags":[82],"class_list":["post-7810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-january-2020","tag-economy-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/7810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=7810"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/7810\/revisions"}],"predecessor-version":[{"id":7812,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/7810\/revisions\/7812"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/7811"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=7810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=7810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=7810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}