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Below are Perspective on the `CPI & IIP numbers` by Mr. Sanjay Kumar, CEO & MD, Elior India " The CPI numbers for March comes at a very difficult moment. If March was already showing a contraction in industrial production, the IIP is expected to further reduce with the second wave of covid across the country now in April. This is likely to have a consequential impact on both, economic recovery as well as employment. In the absence of improvement in the economy, inflati...
Perspective on the `CPI & IIP numbers` by Mr. Sanjay Kumar, Elior India
Below are Perspective on RBI Monetary Policy By Mr. Sanjay Kumar, CEO & MD, Elior India The RBI maintained an accommodative stance that’s given the spike in inflation to nearly 5%. It is critical to watch how oil prices play out over the next few weeks. The high price of domestic fuel is one of the drivers of inflation while some of that inflationary pressure is being set off by the surplus food grain production it essentially then boils down to one wrong correcting ano...
Perspective on RBI Monetary Policy By Sanjay Kumar, Elior India
Below are Perspective On GDP numbers for Q3 By Sanjay Kumar, CEO & MD, Elior India “ The GDP data is a cause for cheer as it shows the economy is beginning to turn around. Whilst the growth is marginal it is still a growth and that is cause for celebration. However, the 6.5% decline in the GVA will be something to watch for and track. The next quarter is going to be crucial to assess if private investments and consumption are picking up. The current re...
Perspective On GDP numbers for Q3 By Sanjay Kumar, Elior India
Below are Perspective on Monetary Policy Anouncement By Mr. Sanjay Kumar, CEO & MD, Elior India " The RBI announcement has come on the expected lines, continuing to remain accommodative. However, there is a marginal increase in inflation which at this time of the year would be a cause of concern. What is important to note is while FPI and DI inflows are increased, the manufacturing investments continue to lag and whilst the outlook on growth suggests positive, one may have to...
Perspective on Monetary Policy Anouncement By Sanjay Kumar, Elior India
Below are Perspective on Union Budget 2021-22 By Mr. Sanjay Kumar, CEO & MD, Elior India " The welcome move is around the fact that the fiscal deficit has been pegged at 6.8% for FY22 which shows that the government wishes to continue spending and driving growth through infrastructure which I think in the short term will be useful. The monetization of other assets like land, etc, and streamlining of the structures to enable that will be very useful. The inte...
Perspective on Union Budget 2021-22 By Sanjay Kumar, Elior India
Below are Perspective on Budget Expectations By Mr. Sanjay Kumar, CEO & MD, Elior India "We hope that the government takes a broader view of this industry and at the back of the farm laws, re-introduce the input tax credit for food sales so that it helps streamline the entire agriculture commodities supply chain. Along with this, we are hopeful that the industry will get the much-needed support so that it begins recovering and reabsorb the employees who have lost their jobs a...
Perspective on Budget Expectations By Sanjay Kumar, Elior India
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