India will be the next Sri Lanka?

There is no chance that India is going on the way like Sri Lanka and Pakistan. Their economy is very down and their GDP rates are very low they are in major % dependent on the imports and their forensic reserve condition is poor, employment, self dependent etc. they lack in all these objectives.

Where India is one step ahead in all these objectives such as self dependency, export -import, international relation and position with everyone in this world. The system and the condition of banks are very good they are working smoothly if we compare to Pakistan and Sri Lanka. Thus India is a developing country maybe there may come many obstacles on the path but the condition of the country is going to improve and not degrade.

On the other hand Swaminathan Aiyar said "The world has been hit with a double whammy - on one hand there is a recessionary trend with demand falling, at the same time prices are going up. Central banks around the world took inflation too lightly, says Swaminathan Aiyar. Stagflation signs are around. While we may not collapse like Sri Lanka or Pakistan but we are certainly in trouble, he believes."….Read Full Article on -: https://www.changingdecade.com/2022/07/india-will-be-next-sri-lanka.html

Read More -: https://www.changingdecade.com/2022/07/india-will-be-next-sri-lanka.html