Is is true that the Indian economy is going through a slowdown?
It is true. The numbers do not lie and the GDP is indeed slowing down and what is slowing down even more is the consumer discretionary spending. The real reason for this slowdown in consumer discretionary spending is that the white collar wages in the private sector have not done well over the last many years. Actually, white collar wages in many areas of the economy have degrown in real terms. Over the last few ..
