We seen that after Nirmala Sitharaman taken the responsibility of Finance Minister of Indian goverment, the Indian economy in a depressionary trend. They had taken different step to control depressionary trend such as merging large banks, reducing corporate tax. But still they are unable to recover the indian economy from that trend. I think this is due to following reasons-
- Failure of Demonetisation.
- Failure of GST and falls its adverse effect on business community.
- Wrong poliocy of Corporate tax cut. Because it can increase demand for short time, but country facing the problem fall of real consumption or demand deficiency . So to increase real demand government must take policy to increase income of low income group of country.