| Author |
Message |
sanman
Groupie
Joined: 18/Oct/2008
Online Status: Offline
Posts: 63
|
   Posted: 19/Oct/2008 at 7:20am |
|
Well, any economic slowdown will at least have the effect of jolting the govt into action, because goodness knows there's a lot of scope for govt to improve economic reforms.
So we do have some avenues of recourse, should a serious slowdown take shape.
The predictions I've read are that India's GDP growth will slow from 8.5% down to 7.5%
That's still a good deal lower than China's drop from last year's 11.9% down to 9% this year. Even at 3 times our economic size, they are really blazing faster than us.
But it seems like we are still more comfortable than most other countries.
|
 IP Logged |
|
|
|
 |
|
nannu_68
Senior Member
Joined: 01/Feb/2008
Location: India
Online Status: Offline
Posts: 308
|
Posted: 20/Oct/2008 at 8:33pm |
|
In my opinion, its unfair to draw comparisions between India n China, at every juncture.. they have their strengths n weaknesses n we have ours.. Our social n democratic setup will make it difficult to achieve double digit growth but a long sustainable growth between 7% to 9% is assured for years to come...
|
|
nannu
|
|
IP Logged |
|
|
|
sanman
Groupie
Joined: 18/Oct/2008
Online Status: Offline
Posts: 63
|
Posted: 20/Oct/2008 at 3:43am |
|
Well, hopefully the silver lining to that will be a reduced likelihood of bubbles, at least in fundamental sectors for essential goods, where populist political pressures would induce state interventions against this.
|
|
IP Logged |
|
|
|
jain208
Senior Member
Joined: 13/Feb/2008
Location: United Kingdom
Online Status: Offline
Posts: 626
|
Posted: 21/Oct/2008 at 6:21pm |
|
|
|
=======================================
The more it changes, the more it’s the same thing.
|
|
IP Logged |
|
|
|
sanman
Groupie
Joined: 18/Oct/2008
Online Status: Offline
Posts: 63
|
Posted: 29/Oct/2008 at 9:08am |
|
|
|
IP Logged |
|
|
|
sanman
Groupie
Joined: 18/Oct/2008
Online Status: Offline
Posts: 63
|
Posted: 21/Nov/2008 at 5:05pm |
|
What Indian companies need to do is use this current downturn to become displacers, and gain further penetration into the markets.
After all, Indian companies are well-positioned to offer cost-savings to Western companies hurting from this financial crisis. Therefore, it's crucial for Indian companies to fan out and offer cost savings to those who are looking to trim their fat. Doing so will not only help Indian firms to offset losses of existing business customers, but it will help them outgrow their global competitors.
|
|
IP Logged |
|
|
|
xbox
Senior Member
Joined: 10/Sep/2006
Online Status: Offline
Posts: 2001
|
Posted: 21/Nov/2008 at 5:29pm |
Self correcting measures works much better than others...they are Aurvedic medicines which cures for long. Govt intervention are like Allopathic, you stop it, you are sick again. ..... 
|
|
Don't bet on pig after all bull & bear in circle.
|
|
IP Logged |
|
|
|
jain208
Senior Member
Joined: 13/Feb/2008
Location: United Kingdom
Online Status: Offline
Posts: 626
|
Posted: 21/Nov/2008 at 5:51pm |
|
|
|
=======================================
The more it changes, the more it’s the same thing.
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
