Economy will recover

What ever goes up will come down and what ever falls down will raise. The economy will also raise. Many countries experienced such highs and lows. These are not new and in this global economy no country is insulated by this down trend, it is only the level of effect is different. Countries depending on exports, services are effected most. India is one of the few countries where the effect of global down trend is minimal. The growth of the economy is less compared to previous years but the economy is still growing. The advantage of India is the mindset of the people. They are conservatives. They spend less than they earn. They save more. And more important thing is more than 70% of the Indians live in rural areas and depend on agriculture and related Industries which are not effected by this downtrend. Then there are elections where lot of money comes into circulations, government investments in Infrastructure projects are helping the nation.