There is a feeling that the growth prospects for the India economy have declined sharply.
The Indian economy is battling price rise which is hurting the common man, recession, inflation, hike in fuel prices, job cuts, pay cuts, political instability, down grading by the credit rating agencies.
The picture seems to be grave and the economy is paralyzed with FDI investors shying away from making any new investments in India due to the bureaucratic hassles. The government is also not sending positive signals to the investors to pump more money as all projects under pipe line are at a standstill as no ministry is willing to clear projects fearing that they might be investigated by the judiciary if there is a smell scent of corruption in the project.
It is a slowdown in the industrial production as there is no demand; agriculture produce [...]