With sub 5% growth for a country as large as India, economists fear a situation of stagflation. The lack of government attention on issues like unemployment has left the youth disgruntled. Rising India Inc scams like PMC and DHFL have raised concerns over India’s financial system functioning.
Yet, the government’s priority doesn’t seem to be to strengthen financial institutions, increase transparency in providing data in the public domain or focus on rural wages and graduate unemployment.
What can economy watchers expect as we head into 2020, after the Indian economy’s dismal days in 2019?