Op-Ed Focus: A booster shot

Article: A booster shot

Link: http://indianexpress.com/article/opinion/editorials/rbi-reserve-bank-of-india-central-statistics-office-indian-economy-gst-4749465/

Now try and answer the following questions

1. Analyse the impact of GST on economic growth of India and employment generation in organised sector.
2. Why despite record low levels of inflation, the economic growth of India is on decline? Does this decline to do with Global economic performance?
3. What is deflation? Is deflation more dangerous than Inflation? And does Indian economy faces real threat of Deflation?

Points to ponder:

1. Is Indian economy decoupled from global economy to the extent that it can maintain its growth trajectory despite global slowdown?
2. Critically examine the efficacy of monetary policies of RBI vis-a-vis fiscal policy of government in propelling the economic growth.