What is happening to the Indian economy? Should we be worried or relieved?

Remember when US was in dark recession in 2009, India was enjoying semi-mature peak time of its growth. There was lot of room for growth. The reason was many US and other developed economies continued to outsource their projects to save money. Now India has reached to the point where there is no room left to the growth, so this has to get stagnant or get down from here temporarily.

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