Business Standard

Sunday, December 22, 2024 | 11:40 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Internet economy

Millennials roaming cyberspace can make an economy sputter even further by not participating in Real Life

Millennials
Premium

Photo: iSTOCK

Ashish Sharma
Here we are with gross domestic product (GDP) growth at a 13-quarter low of 5.7 per cent. Distress calls on feeble GDP growth for the June quarter are spilling into the stock markets, prompting the government to consider stimulus packages for the economy. But the question is whether a large fiscal stimulus will nudge the economy? Maybe not. Because data show a slowdown despite the government spending already. Private sector production started slowdown right after March 2016. The average growth of government spending for 16 quarters ending FY16 was four per cent. For FY17, the average stood at 21.5 per

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in