The country witnesses a recession, PM meets Finance Minister Nirmala Sitharaman


New Delhi, August 16, 2019, Friday

Prime Minister Narendra Modi held a meeting with the then finance minister Nirmala Sitharaman, finding that the recession could spread at any time in the country.

At present, the demand for consumers and consumers is increasing. In comparison, capital investment is declining. It was seen that the recession was rising. The Reserve Bank joined 1231 small manufacturing companies in the April-June 2019 quarterly survey of industrial outlook. It was reported that thirty-two and a half companies in the country are expecting an increase in the orders they receive, but this expectation was lower than in the previous decade.

New adventures do not come. According to the Ministry of Static and Program Implementation, out of 65 projects running from public-private partnerships in the country, 37 projects were running late than scheduled.

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