Decline in family savings.

The economy of the country has also come to the level of heavy rainfall. Various international agencies have continued to lower India's growth rate estimates. However, the reality is that the Indian market is now looking ahead to a long string of upcoming festivals. The initial boom has led to fresh inquiries among manufacturers and some factories or even some units of large manufacturers are working round the clock. All of them are still not as busy as before, but the cycle of production and sales is becoming dynamic again. This is an auspicious sign. The demand for goods in the market is still low. Consumers have been buying very cautiously, due to which the wholesale and retail trade is still tight. People's transactions are smooth but old important savings are eroded. The hammer of inflation has broken the lock of the savings-box and made it empty.

The United Nations has again reduced India's growth rate yesterday. However, the Union has been playing the global recession watch for quite some time now. Economists of the United Nations have said that the average condition of all the countries of the world is on the verge of experiencing the most distress in the last decade. That means the universal growth rate of the world will also go down a lot. Also, due to the enmity between different countries, many obstacles will arise in achieving new economic progress. Various international organizations have recently taken up global warming anew. Now they call it global boiling. Environmentally it is true but superpowers also use it to push developing countries into recession. It is the common agenda of the superpowers to prevent the development of developed countries in the world.

Growth took a leap after demonetisation. One of the reasons for such a high growth rate was that after demonetisation, citizens' money was circulating in the market for a while. Also, instead of keeping savings in currency itself, the rich turned to new investments, which had an occasional positive effect on the growth rate. Economists believe that even then the rate of growth achieved by the country's industrial products, services and agriculture sector lagged behind. As soon as that phase of new investments was over, the growth rate finally came down. Which is still looking at further downward steps, which is now worrying for the country's economy. This monsoon will give mixed results and will also affect the new growth rate.

Some cases have started happening in the market which has panicked the business community. People do not pay on time after picking up the goods. Also orders new goods. In such circumstances, manufacturers are left in a quandary. This situation is present in various sectors of industries. Our Statistics Department of the Government of India has estimated the growth rate for the current year at only five percent, which is very close to the reality. Various top financial and economic survey organizations of the world have expressed fear that the global economic picture may not take a very high leap from the growth of 2.5 percent for the next one year. A frantic race has started among urbanites to find new employment options. The graph of the number of adults and older people who do not have work continues to climb.

The World Bank and the Reserve Bank of India have also previously lowered the growth rate estimates. Amid echoes of falling estimates from all around, the stock market shines in its own unique way. Right now there is an environment to attract the common investor and the market will go right up then the ring actors will run away with profits by selling through the back door and if the market goes down the common investor will be washed away. But this boom is supported by foreign investors. Foreign investors have taken millions of rupees in the last six months. The ability to distinguish the differences between air waves is now the job in the stock market. The relationship of the stock market with the country's economy is no longer as sensitive as it used to be. The market mysteriously maintains its luster despite the shocks of recession and hence the move is largely enigmatic.