Unit 2 Macro: india’s Faltering Economy

India is Asia's third largest economy but it is experiencing an economic slowdown with the rate of economic growth dipping to the lowest level in more than a decade.

The economy is suffering from a persistent trade deficit (worsened by a fall in exports), together with high rates of inflation and a sharply depreciating currency (the rupee). Billions of dollars of currency have been taken out of the economy by worried investors - this is known as capital flight.

Consumer demand for goods and services is being hit by rising prices as the cost of imports surges and other prices head higher too. Onion prices for example have more than trebled.

This BBC news video looks at the weakening of economic growth in India. Can India put in place economic reforms and policies to return the economy to the growth rate needed to sustain the improvement in living standards that has occurred since the early 1990s?

Onion prices cause tears for millions of Indians

Job board

Part-time Maths Teacher

St Aidan's Church of England High School, Harrogate, North Yorkshire

Join the tutor2u community

With a tutor2u account you can access extra features to support your teaching & learning.

Subscribe to the daily digest

Curate your own content

Track your training schedule

Manage your resource library

Receive job alerts

Join the community

Already joined? Sign in now ›

More From the Digital Store

The full course resource pack for our popular Fast-Track Your Planning AQAl A Level Economics (Year 2).course. Packed with dozens of superb teaching & learning ideas and approaches, with ready-to-use resources...

£75.00 (+VAT)

Fast Track Your Planning for AQA A Level Economics (Year 2) - Course Resource Pack

The bumper collection of teaching & learning resources provided to delegates on our popular Teaching Behavioural Economics at A Level course.

£75.00 (+VAT)

Teaching Behavioural Economics at A Level - Course Resource Pack

All the teaching & learning resources provided to delegates attending the Teaching Global Economics for AQA A Level course.

£75.00 (+VAT)

Teaching Global Economics for AQA A Level - Course Resource Pack

Recruitment

Advertise your vacancies with tutor2u

Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.

Find our more ›

Advertise your teaching jobs with tutor2u