Be prepared- Recession is coming.
The latest report showed that the GDP growth of India has been contracted by 23.9 per cent which is among the worst GDP growth in the world . India has never recorded a negative GDP in the last four decades and it is expected that the situation will become much worse in the coming days. Added to this the unemployment rate is highest and is touching 10 per cent which has become a very alarming situation for the country. Millions of employees have lost their jobs. There is unrest among the youth and religious tensions have increased. Also, our relations with our neighbouring country is not healthy. We have land disputes with Pakistan, China, and Nepal. The investor's trust is decreasing day by day, and the government is privatising the profit-making PSUs to compensate the deficit. All this have not happened in just one day or is because of the COVID pandemic but it is a result of long-term bad policymaking and implementation. I will not go deep into the analysis of Policy or talk a