Economic confidence in India slides to 56% in 2018 from 83% last year

There has been a steep decline in economic confidence in India over the past year. In 2017, 83 per cent of individuals surveyed by the PEW Research Centre thought the economy was doing good. But in 2018, it was down to 56 per cent. This decline is in contrast to the trend in most countries where public confidence was similarly pronounced in 2017 and 2018.