RE: The deteriorated Economy of India experiencing Low Growth and Unemployment
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With 4.5% growth, many countries would be happy. (Japan, EU for example.) But if population growth is high and redistribution unequal, sure that's not enough. India has a sooo long way to go to develop. Corruption, infrastructure, education, social security, climate change...
Do you think stock market in India is overpriced?
https://www.investing.com/indices/cnx-100
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India has been brainwashed by all people saying, it has demograpic advantage, lots of young people so they will contribute to Economy and India will become prosperous economy with great buzzing business activities...
Well... not sure, if too much population is good, poverty, inequality, environment all pretty bad stuff.
I am sure the stock market is over priced!! ... the figures show that's no economic activity blooming by industry to justify the price. If GDP is low, demand low, investment low, production low, economic activity has decreased...definitely stock prices are over priced as companies contribution to economy is not much now.
Thanks for reading and commenting!!