ExplainSpeaking | Why Indian consumer sentiment has remained mostly negative since 2015

From the Explained page of The Indian Express

On February 8, while replying to criticism from the Opposition, Prime Minister Narendra Modi said something quite perceptive about Indians: "I am familiar with the sentiments of every part of society in India. And I can say on the basis of my experience and with great confidence that the common man of India is full of positivity."     Ordinarily, it would be tough to test such a claim — about Indians tolerating negativity but staying cheerful about the future — but on that very day, almost as if on cue, the Reserve Bank of India published its latest instalment of a survey that maps the consumer sentiment across the country. The findings of this survey underscore what the PM said about Indians.

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