All the numbers say that industrial production in Indian factories has nose-dived, but the demand for goods has gone down even faster.
All the numbers say that industrial production in Indian factories has nose-dived, but the demand for goods has gone down even faster. The Modi government arranged for a huge loan fair to deal with the situation. However, business loans are only taken when the demand is increasing. In these times, whichever company avails of a loan, it will only be to meet its running costs. This could result in furthering the number of bad loans in the country.