Perspective on Indian economy by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
Below the Perspective on Indian economy by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker
Despite concerns surrounding the recessions in the UK and Japan, I believe their impact on the Indian economy is minimal, as India's reliance on trade with these nations is limited. However, India's economy is not immune to global challenges. A surge in global commodity prices could fuel inflation and curb domestic spending, while a downturn in global services may ripple through sectors such as IT and tourism in India.
In such a scenario, India's economic path will depend on its policy response. Proactive measures such as infrastructure spending, export promotion, and targeted domestic stimulus can help mitigate the impact of the external slowdown.
Above views are of the author and not of the website kindly read disclaimer