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National economic crisis, debt Rs. 88.18 lakhs crores, low GDP affecting statewide markets : Tripura’s economic state remains critical
TIWN Oct 9, 2019
National economic crisis, debt Rs. 88.18 lakhs crores, low GDP affecting statewide markets : Tripura’s economic state remains critical
PHOTO : A vegetable market at Gol Bazar, Agartala. TIWN Photo.

AGARTALA, Oct 9 (TIWN): The ongoing crisis, profit drought and state of affairs across markets in Tripura rural and urban bodies resulting massive business losses signaling an Economic disaster is approaching towards, although it is not only state Tripura suffering from this major crisis but a national economic drought storm has been affecting all the states. Although Government and mainstream media have chosen to escape from the reality of the economic situations but markets depicting a profit-drought like situations allover. Recently, the national Congress revealed another tensed data showing economic tight situation of the Modi Govt which disclosed that in first quarter months India’s debt is Rs. 88.18 lakhs crores.

 It is happening due to down in rural economy and pauses in MGNREGA work-flows and other facilities and price hikes added by slash of daily-workers’ demands in the middle class families. Commodity price hikes downed the demands of man-powers house to house and it was reported before 6 months how even the daily workers at the Battala returning without getting any labour. There are large scales of no-wage households, suffered in the Durga puja, flashed in report.

Various protests by unpaid MGNREGA workers were staged.

The garment markets were also in same situation and the festival days could not fill up the losses which the businessmen are undergoing.

This is however, a part of national economic crisis as Govt of India’s debt just in the first quarter year is now Rs. 88.18 lakhs crores and GDP at massive down, unemployment is highest in last 75 years followed by India’s most costly Lok Sabha Election.

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