Headwinds and tailwinds for Indian economy

by truthbetold Sun Oct 04, 2015 6:32 am

Headwinds:

1. Decelerating world economy

2. China economic transformation over several years

3. Probable US economic slowdown

4. Eurozone's failure to recover

5. India's poor monsoon

6. India's industrial house's reluctance to invest for future

7. Increasing % of non performing assets under big indian bank portfolio

8. RSS/BJP nuts creating sporadic incidents of intolerance

9. Western financial withdrawal from emerging markets

10. Bihar elections

Tailwinds

1. Oil price down y a ton

2. Cheaper commodities

3. Inflation under control

4. Budget deficit under control

5. RBI's professional monitoring of monetary situation including timely rate cuts

6. Modi govt efforts to streamline incentives for growth

7. Indian small entrepreneur's risk taking and hard work

8. Continued emphasis on education and youth development

9. Western capital waiting to invest

10. Bihar elections

Given india's need for growth just to stay at the same level of development, current rate of 7% growth is not bad but not very good to keep social peace. Modi needs to find the magic formula to push the economy to 8 to 10% growth that will create necessary excitement to attract internal and external attention and investments. He got two more years to pull the rabbit out of his hat.

by confuzzled dude Sun Oct 04, 2015 11:45 am

truthbetold wrote: He got two more years to pull the rabbit out of his hat.

Headwinds and tailwinds for Indian economy

Headwinds and tailwinds for Indian economy

Re: Headwinds and tailwinds for Indian economy