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Economic slowdown Prime Minister Narendra Modi's euphoria gone Foreign investors sold a record $ 4.5 billion of Indian stocks in 3 months – PM Modi, the brightness of the Greens is faced? Foreign investors in India extracted from 3300 crores

 



The Modi government for 6 years for the duration of foreign investors to invest in India, varying in the change of attitude. Global investors on the Indian stock market in the past six months, during the roughly 3,300 crore ($ 45 billion), are cut. June of last year, ranging from six months to global investors by $ 4.5 billion in value of the shares sold are given.

According to the new years since 1999 in a quarter, this is the largest current sale. The print appeared in the news according to the chief investment strategist of London's Lombard investment manager, Salman Ahmed, who said that in 2014 Modi, what wave he was heading for. India's economic growth has steadily declined over the past five quarters.

This Modi became Prime Minister a year ago 2013, the minimum level is reached. Cars in the country as well as other vehicles from the rapid drop in sales a. The country's unemployment level over the past 45 years in most high levels has been reached. Meanwhile, the rise in crude oil prices by the conditions and gets complicated. The MSCI India index in August 2018 at its record low of 9% has declined. This index in the Indian market, large and mid-cap display segments and is.

Although Prime Minister Narendra Modi is completely out of the economy for weak reason, is not. Despite this, investors say that in them the necessary reforms on a long list of work to be done. Although these reforms, the speed is quite slow. These public enterprise reforms share the tracks as well as the country's labor laws, improving enforcement.

Among all of these, the country's growing budget deficit and state-owned enterprises on loans of greater responsibility due to the fiscal powers of the Modi government are also limited. Prime Minister Modi's own advisers have warned that without major reforms, India would face a structural downturn. This growth rate of 8% to maintain cannot be maintained. Many economists claim that India is looking for a location sufficient to be maintained.
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