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Tuesday, September 5, 2017

India economic growth is declining tremendously.

http://www.livemint.com/Industry/yu33hGVkfNYCzfb7ENN3jO/Taking-stock-of-Indian-Economy-Consumption-key-to-GDP-growth.html

India GDP declined from 9% in 2016 to 5.7% in 2nd quarter of 2017.  The fall is too fast and too furious which denotes a burgeoning economic problem in India.  If this economic decline is not addressed, India will face a big social problem because its people will revolt.

Indians are known to protest violently.  Just look at Singapore little India riot which was on a small scale.

No wonder India didn't dare to start a war with China and needed to attend BRICS summit because it needed BRICS badly for its economic growth.

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