Q4 growth: More questions thn clarifications

Q4 growth has surprised most analyst, it has jumped to 7.9%. It is positive development given analyst were expecting 7.6%. But bigger unease is about the contribution of descrepencies, which is like 51%. So if we remove it, the growth fall to 3.9%.

Good news is consumer spending is increasing. And given 7th pay commision, OROP, and good moonsoon predicted, it should only improve. But can it be called roboust growth? Experts are not unanimously convinced. The investment has not picked up. and if takes another 2 years for Industry to be convinced about India, then they are staring at 2019 elections. And elections like anywhere, are fun in India.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s