DMPQ :Recently a term virtuous cycle was used in the economic survey. Explain the term virtuous cycle.
A target of USD 5 trillion economy by 2024-2025 was laid in the economic survey. To achieve this virtuous cycle term was used. It consists of exports, investments and savings. When these three forces will work in tandem there will be better chances of attaining the required growth rate and hence the target. Investment, especially … Read more DMPQ :Recently a term virtuous cycle was used in the economic survey. Explain the term virtuous cycle.