EFFECTIVENESS OF GOVERNMENT POLICIES DURING INDIA'S ECONOMIC SLOWDOWN

Abstract

In this paper, an evaluation of government policies as implemented during the slowdown phase of India’s economy includes fiscal and monetary policies and structural policies. Analysis is made of major endeavours like corporate tax reductions, MGNREGA, and digitalisation in terms of growth and solidity. These steps held some relief but structural constraints slowed the effectiveness of these mechanisms. Recommendations highlighted policy flexibility to maintain the recovery process continuously.