Government is hopeful for growth even in bad economic data- Where action to arrest further fall in economy

Indian Government official comes out and claim that everything will be ok as government is planning X,Y,Z. On a contrary, IIP, PMI, CPI, WPI, Inflation are giving clear signals that economic environment is going from bad to worst. In my point of view, I don’t give too much weightage to slight fall in WPI and CPI for one week. Even though, EU countries are experiencing severe economic recession than also they are managing their inflation magnificently. Did government managed to implement any policies in Telecom, Power, Capital Good, Heavy Industries, Mining, Infrastructure, Retail, Oil & Gas. I failed to see that and would appreciate if any reader got one then please share through comments. Government should consider swift policy enforcement to kick-start economy.

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