Current global Economic condition is sluggish it is fall to 3.2% of GDP. Currently there is depression in economics. Coming 2021 can take out global Economic out depression. These are due to tension in trade rate,taxes and unfovourable climate condition etcÂ
There is depression period is going to emerge in india in coming year 2020 till coming 2021 India will be comeout from economic depression. There is fall in GDP of india from 10% to 5.2% and we are going to see more fall in Gross product in coming months and years. The graph of indian economic is sluggish downworld slopping. India's IMF rates also decrease in numbers. There is not so good political condition in india which leads to fall in indain economic comdition. It is said to be there is recursion in india economy in coming year 2021. India also seprate its trade with Pakistani due to flight and tesnion which also some what effect indian market like prices of vegetable increase which india import from Pakistan. This is the condition of the india economy.
China and asia trade policies also dowm which impact on the global market. Global Economic is sluggish which fall from 6.2 to 3.2 it is said the global Economic will be get into appreciation very soon. Worlds Worl developed country united states st America USA is also facing problem of depression but soon it will be recovered
Solution for these is there should be proper trade relationship with country and government should be made favourable government policies related trade import and export and taxes rates so can trade can be permoted. There should be start for new enterprisers. Government should support small scale business man. There should be increased in employment opportunities for unemployed people and there should be skill development program for unskilled people's these can led to improvement in current economy condition
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