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Abstract

India’s diverse economy encompasses traditional village farming to modern multitude of services. The economy today stands as one of the most attractive and influential economy in the world. Indian economy is ranked fourth in terms of Purchasing Power Parity (PPP). Even though the economy transformed into vibrant and rapidly growing consumer market, at present it faces slow down. The economy has recorded from the shocks of demonetization and GST, based on this background the paper has analysed the growth rate of GDP for the past five years.

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