Recent Economic Slowdown in India: Causes and Measures

India has been among the world’s fastest-growing economies in recent years, lifting millions out of poverty. However, India is now in the midst of a significant economic slowdown. The economy has been slowing down for six consecutive quarters despite the government announcing a slew of measures to arrest the slide of GDP growth rate. Declining growth in consumption has been held as the primary factor for the current economic downturn. The government is working on measures that cater to the supply side of operations while demand creation has been grossly ignored, which is a concern as supply growth without demand is no good. Government of India has taken cognizance of the matter and has announced 3 rounds of economic booster as part of the stimulus package to revive the economic activity. The present paper is an attempt to analyze the reason behind current slowdown and government attempts to revive the Indian economy over this slowdown. The paper is divided into three sections. In the first introductory section, we have discussed about current economic slowdown and its reason. The section two deals with the steps taken by government to boost up the economy. Conclusion and suggestions have been given in the third section.