The recent annual financial stability report released by the RBI on the 27th of December 2019 shows that there’s a structural slowdown in India. The report says that the situation is disturbing. The IMF has guided India to take immediate action to revive the economy. Dr. Arvind Subramaniam( Cheif Economic Adviser) and Mr. Josh Felman observed that the economy seems headed for an intensive care unit. How bad is the situation In 1991-92, the Indian economy was facing its worst time ever. The industry growth was -9% and the GDP was growing at just 1.1%. Comparing the current situation, the industry growth is -10% and the GDP growth is 4.5%. But, looking at the past data, this growth rate is also under question. There’s a question mark on GDP figures. It can never be 4.5% as the conditions are similar to 1991-92. The 2017-18 reports show that the consumer goods production growth rate was 5% and at present it’s -1%. India’s exports were 9% in 2017-18 and today they are