Indian Economy is Recovering in the Second Quarter

Indian economy is trying to recover in the second quarter of the

financial year by less than 5%. The government has some initiatives
for the economic growth of the country and increase the export of
the country. The trade stimulation programs are also been
conducted to enhance the growth of the country. India is developing
country and growing with the rate of 6.6% per annum but the
growth rate has slows down in the month of august which is
declared by the ministry of India. Several surveys have also been
taken place to analyses the future growth rate but still the result is
same for the growth forecasted by the economists.

The inflation rate of the country is also increasing by 3%, the most
important and the fastest growing sector of Indian economy is
services. Trade, hotels, transport and communication; financing,
insurance, real estate and business services and community, social
and personal services account for more than 60 percent of GDP. Part
of the reason for India’s success is the economic liberalization that
started in 1991and encouraged trade subsequently ending some
public monopolies. 

There are so many policies of the government which affected the

growth rate of the country and all the analysis is done on the basis
of the data. The Indian export data and India Import data will help
to analysis that what is percentage of the growth of the country also
what will be the future demand and supply of the product in the
market.

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