Work Please: AI, by NightCafe 2022 REDUX In which I review my preview of India in Gimme Mo #6, entitled ‘Jokers in 2022’. Quotes from that edition are in italics. The Indian Economy in 2022 Everybody - OK, most everybody - believes that the Indian economy will grow at between 8% and 10% next year. I don’t.
Very insightful. I share your lack of optimism about the Indian economy. An aside: former president mahathir Mohammed was recalled to “rescue” Malaysia and its economy a few years ago. The first thing he did on his return was to scrap VAT
Unfortunately, the wiggle room is very limited now, with the major fiscal constraints, and the global scenario so uncertain. We will just muddle along for a couple of years.
The last 3 years, the markets have been flying high like crazy. Some corrections are definitely needed so that the valuations are a little bit justifiable.
Very insightful. I share your lack of optimism about the Indian economy. An aside: former president mahathir Mohammed was recalled to “rescue” Malaysia and its economy a few years ago. The first thing he did on his return was to scrap VAT
Thanks, Ranjan.
Unfortunately, the wiggle room is very limited now, with the major fiscal constraints, and the global scenario so uncertain. We will just muddle along for a couple of years.
The last 3 years, the markets have been flying high like crazy. Some corrections are definitely needed so that the valuations are a little bit justifiable.
2020 and 2021 were stellar.
2022 was flat.