Sagging Economy and Employment
Economy and employment are key indicators to measure the growth of any country. India being a developing country is trying to emerge with a mission to become 5 trillion GDP. India has taken various economic and employment reforms to improve the GDP, but at ground level impacts are not in favor.In this article we will discuss how unstable policies are impacting the economy and pushing the millions in poverty and unemployment. Currently country is passing through stagflation which means slow economic growth and relatively high unemployment. The last time stagflation happened in the United States was in the 1970s. Inflation and economic stagnation, two concurrent factors that can cause wide-ranging economic unrest, are the source of the moniker. Stagflation is a state of the economy where prices are rising, the currency is depreciating, and there is no genuine employment growth. Once it occurs, stagnation is difficult to stop since standard economic techniques have li...