Armchair Traveller :(
Future may be bright as share bazar is indicating.
But what about present, why things are so bad right now.
Namo may not know or accept that but retail business in North is in doldrums. Why this recession right now, since flow of money is normal now.
The present scenario is aftermath of Demonetization and also the undertone of GST as businesses all over india are worried about what will happen. There are no clear guidelines about the transition of the stocks from CST / Excise to GST. Hence businesses are spending less and less just to avoid or minimize any losses resulting out of crude GST policy. Also you must understand that GST will be tuned over and over for next 6-12 months after observing the affects. Hence businesswise this year will be slow for sure. Our GDP will rise due to higher tax income of government but individual businesses will not do great as demand will be mediocre.