New govt has its task cut out amid turbulence in economy5 min read . Updated: 24 May 2019, 01:20 AM IST
Govt needs to fix slowdown in consumer demand, falling investments and slowing exports amid global trade wars
MUMBAI : The National Democratic Alliance, having cruised to a historic victory in the general elections, has its task cut out. The new government will have to focus on reviving economic growth, which is facing headwinds on several fronts such as a slow down in consumer demand both in urban and rural areas, a liquidity crunch in the non-bank lending sector, falling investments in new projects and slow exports growth amid global trade wars.
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