01 aug 2019
Growth in 8 core sectors dips to 0.2% in June, near 4-year low
Read more at:
https://lnkd.in/fnaH9Ry
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It seems the Private Sector is not altogether convinced about borrowing more funds from the banks, in order to create additional capacity , in the absence of a robust growth in consumer demand
Private Sector is also unclear / confused about :
# EV Policy / Scrapping of vehicles more than 15 year
# Data Protection Bill
# E Commerce Policy
# NPA resolution mechanism
# What will substitute Export Subsidy ?
# Mega Factories for Lithium-ion Batteries
# Reservation of jobs for locals in PRIVATE SECTOR
The list goes on !
Things are unlikely to change unless trust gets re-established !
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hashtag#financeandeconomy
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