Ramaswami: This economic crisis has been caused by the sharp decline in the purchasing capacities of the vast majority of our people. Consumer spending in rural areas declined by 8.8 per cent in 2017-18. The solution for a turn around in the economy lies in providing the people with the capacity to purchase, thus increasing the levels of domestic demand which may lead to revive all closed factories. CPI (M)

Wednesday, January 22, 2020

This economic crisis has been caused by the sharp decline in the purchasing capacities of the vast majority of our people. Consumer spending in rural areas declined by 8.8 per cent in 2017-18. The solution for a turn around in the economy lies in providing the people with the capacity to purchase, thus increasing the levels of domestic demand which may lead to revive all closed factories. CPI (M)