RBI says lack of domestic demand affecting ‘animal spirits’ of economy

According to the annual report of the RBI,the lack of domestic demand is holding back the animal spirits in the economy.  Animal spirit is a term used by the British economist,John Maynard Keynes to describe how people arrive at financial decisions including buying and selling securities in times of economic stress or uncertainty. The report… Continue reading RBI says lack of domestic demand affecting ‘animal spirits’ of economy