7.1 % “Recent moves, with expected monetary easing, give requisite confidence to domestic, foreign investors.” N.R. Bhanumurty, Professor, NIPFP |
Economy Predictions
Growth forecasts for 2013
4% “We should go for growth as the govt will keep stoking inflation. It should give a $50 subsidy to foreign tourists.” Ashok Desai, economist and columnist | ||
Over 6% “2013 should see some stability, lower interest rates with easing of inflation rates. Could lead to overall economic growth.” Shashanka Bhide, NCAER |
Over 6 % “The growth lift next year will not be investment-led. Unless investment revives, growth will not be durable.” D.K. Joshi, chief economist, CRISIL | ||
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6.3 - 6.5 % “Expect some recovery in industrial growth, investment, led by debottlenecking of infrastructure projects in 2013.” Abheek Barua, Chief Economist, HDFC Bank |
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