There have been increasing estimations in the last year or so that the global economy is slowing down. As the world prepares for a recession, a natural phenomenon in a decade-long economic cycle, the global trade wars between the US and China, and the looming Brexit are adding to the uncertainty.
India is in a tumultuous situation as well with a weak economic situation, as indicated by the falling GDP growth rate. High level of non-performing assets (NPAs), NBFC crisis and slow credit growth stand in front of the economy, challenging it to recover stronger in the short term. The flight of over ₹20,500 crore worth of foreign funds from the country’s stock market is also a sign of the bad days for the economy.
![Prof K Nageshwar: Demonetisation to economic Crisis [HD] (Video)](https://secure.gravatar.com/avatar/ba9d209f7408d31c02bd9313ef807db249a6fcf24f993220eed41724683faf09?s=100&d=mm&r=g)
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There have been increasing estimations in the last year or so that the global economy is slowing down. As the world prepares for a recession, a natural phenomenon in a decade-long economic cycle, the global trade wars between the US and China, and the looming Brexit are adding to the uncertainty. India is in a tumultuous situation as well with a weak economic situation, as indicated by the falling GDP growth rate. High level of non-performing assets (NPAs), NBFC crisis and slow credit growth stand in front of the economy, challenging it to recover stronger in the short term. The flight of over ₹20,500 crore worth of foreign funds from the country’s stock market is also a sign of the bad days for the economy.
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