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Do you think inspite of all recovery procedures, is the recovery from crisis slower?

Created by : Ekta Dutta, Hedge Fund Analyst/Trader, ING Vysya Bank  | 12 07 2009 12:45:46 +0000
Industry : BankingFunctional Area : Strategy Alignment(Strategy & Execution)
Keywords : india crisis financial institutions recovery procedures slower
Activity:  262 views;  last activity : 07 06 2010 20:18:09 +0000

From an article where i read, I was able to share this news:
Reserve Bank of India Governor D. Subbarao has shared that while the country's recovery from the global recession can still be categorized as "fragile", its economic fundamentals are definitely strong.


Do you think in inspite of all these strong economic fundamentals taken, is the recovery from crisis is still slower? Comment on your views...

  
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In my view, the recovery procedure are not what was expected. The biggest challenges before India right now are to ensure "monetary and fiscal stimuli work, returning to fiscal consolidation, supporting drivers of growth and managing policy in a globalizing world" which involves greater participation of financial institutions and Governments from domestic as well as International bodies.
By Ekta Dutta, Hedge Fund Analyst/Trader, ING Vysya Bank  12 07 2009 12:58:53 +0000
 
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I believe the recovery process has shown a slower pace when it considering the Indian economy restructing as a whole. The India's rate of export was recorded as falling, when compared year-on-year, and the inflationary pressure is rapidly building up. Also, there has been "deceleration in non-food credit in the current financial year", making the recovery fragile and vulnerable. But once the recovery starts on a global level, India's improvement would be "swift and sharp". During the financial fall, India was less hurt than others solely on the back of the rural sector as the these financial institutions provided the support from global crisis.
By Sudeep Tarafdar, Senior Consultant, IBM  12 07 2009 12:56:50 +0000
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it is slower in spite of strong fundamentals & it should be slow also. you can't expect quick recovery. as higher investment would result in higher inflation. In fact I think RBI & govt. has handled the situation very well. It had a check on inflation(which was very alarming) while helping the economy in recovery & yet had a check on deflation (which was even more dangerous for economy then inflation). I think we should appreciate them for the delicate balance that they have maintained.
By shashank mishra, Bank  | 12 11 2009 19:49:32 +0000
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Well i think our economy is still in fragile state and despite of rising indexes worldwide i cannt see real demand across the sectors. I cannt argue much in macroeconomic prospective, but with weakening doller and china support, we cannt sustain the pace for the long time untill we dont see real demand in the sectors like textiles, realty and Automobile.
Ekta,
Well i think our economy is still in fragile state and despite of rising indexes worldwide i cannt see real demand across the sectors. I cannt argue much in macroeconomic prospective, but with weakening doller and china support, we cannt sustain the pace for the long time untill we dont see real demand in the sectors like textiles, realty and Automobile.
It is said that Automobile space is the lead indicator of economy but despite all time high sales figures, the sustainability of these figures is a real challenge among us. The realty sector alnong with the auto space can give us the clear picture of the economy. The textile space is still w8ng 4 some stimulous and we have lost millions of jobs in this sector.
From the market prospective, Nifty is rising due to greater weightage of banking and energy stock and i dont think Nifty is making any new high till budget and dollar apprication from current levels may take it again to 4500-4600 levels in a month or two
By Raj Deepak Singh, Institutional Derivatives Anslyst, karvy Stock Broking Ltd  | 12 07 2009 16:08:58 +0000
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A sick person, a sick unit and a sick ecconoy can not bear sudden shocks on either side of the divide. We are lucky that we did not suffer much. Do you remember the suicides committed by the farmers....
By ROMESH CHANDER, propreitor, ECS NEW DELHI  | 12 07 2009 13:39:13 +0000
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In don't think so. After the recession was over we have recovered very fast. Our Rupee have become stronger against Dollar. New job profiles are opening everyday. I don't think there is any problem in the speed of recovery...
By Nikhil Jain, Senior Consultant, Hewitt Associates  | 12 07 2009 13:13:03 +0000
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