The ascendency of India as an economic world power

For the past one year, India has suffered a lot from economic recession that took place worldwide. Indian economy suffered a lot and the time of high economic growth has finished for the country. Now, there was a sense of optimism that maybe the worst time of economic recession is gone and Indian economy will have a strong comeback.

 Unfortunately, at this moment there is shortage of rainfall during Monsoon period. So, the farmers are worried about their harvest. India is a country where most of the people are dependent on farming for their livelihood. The best thing that Indian government can do at this moment is to listen to the problems of the farmers and arrange loans on easy terms.

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Bloomberg