Problems for Growth Presented By- Sunil Pandey Ajeet Patel
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Problems for GrowthPresented By-Sunil Pandey
Ajeet Patel
High Inflation – Inflation has shot up to 8.43% in August as against 7.48% in July. Food inflation remains high at 16.91%.
Slow Reform Movement
Earnings Slowdown – Impacted by higher Operating costs!
Current Account Deficit India’s current account deficit has surged to 4.1% of
GDP during second quarter of the fiscal as against 3.2% the previous year. Merchandise trade deficit widened to $35.4 billion.
Industrial Growth
Rising Interest Rates – Bank rate, Repo rate
Fiscal Deficit
FII Selling – Moving back to the West!
Global woes – Moody, S & P Ratings
Unforeseen Events – Kyoto Protocol, Natural Disaster.
Interest Rates
Currency Strength
Overall Economic Health
Discrimination
Population
Culture
Poor management
Corruption
Trade laws
Political instability
Climate
Location
Natural Resources
Stability
CONCLUSION
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