
The worst is yet to come in Indian Economy: Moody. These are prediction came recently in news by the Moody because they are predicting the Indian GDP.
There are many aspects on which we can say that yes may be the worst situation yet to come for Indian Economy.
Negative factor of Indian Economy:
1. Most of the US and EU based people loosing there job or salary cut.
2. The people who were doing business or outsourcing with these countries are also facing the same problem.
3. Indian Export market highly affected by these fluctuation.
4. Except this those project which was based on these market got cancelled so future growth may be affected.
5. Indian Backbone IT and ITES are completed facing the worst situation now.
Positive factor of Indian Economy:
1. Indian agriculture is some how stagnant condition.
2. Recently government launch a lot of infrastructure development project which can employee a lot of people and by this the future development is possible.
3. Indian one of the most important import was Oil which is 1/3 price which can save a lot of foreign currency.
4. Other sector like steel and cement is some how stagnant.
5. Indian people are mostly based on the Indian standard salary it was neither very high nor very low some the people can manage there financial status easily.
Above all India was very much aware from the beginning that they are going to enter in the worst situation in coming year so the cost cutting, and future projected started on hold. Now if we see the situation of the Property market there are very much silence because of the unexpected hike is completely control.
So, yes all together coming time will be bad we have to learn to face the worst situation.
Home

Delicious
Digg
Facebook
Reddit
Stumble Upon
Technorati
Mixx
Sphinn
Twitter
SphereIt
Propeller
Gmarks
Newsvine
Yahoo! My Web
Live Journal
Blinklist
E-mail
RSS 






Political power has little connection with prosperity. If one focuses on education (for women especially), encourage hardworks instead of “connections” driven enterprise and most importantly be pragmatic in ones dealings - one can be successful in India.