We all know that the Indian economy is facing some slowdown and people are worried about it but what exactly the government of India is doing to counter this slowdown? Reference :
India economy slow down and Causes for the Present Slowdown in the Indian Economy
RBI may cut repo rate by at least 25 bps, says Pankaj Pathak of Quantum Mutual Fund
Nirmala Sitharaman announces big reforms for Public Sector Banks: Key highlights
India To Grow 7% In 2020 As Bottlenecks Clear Up: IMF Chief Economist Gita Gopinath
Steps were taken by the government to arrest the slowdown:
The government is doing both short-term and long-term reforms.
RBI reduced the interest rate (repo rate) fifth time in 2019 to ease the credit flow in the economy. This will result in commercial bank reducing interest rates on the loans. Thus, home loan corporate interest rates and EMI on consumer products will reduce. This will boost demand and thus help bring back the consumer sentiment and bring in economic growth.
The government slashed the corporate tax rate
long-awaited booster package for the realty sector
Filmed this video in HD on this -- Canon 700D
with this lens -- 10-18MM
PRIME MIC --
GORILLAPOD --
OTHER MIC --
OTHER GEAR --- Canon 80D
OTHER LENS -- 50MM
GREEN SCREEN --
CAMERA SLIDER --
OLD CAMERA--
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