1
INDIA AMONG THE FEW FASTEST GROWING ECONOMIES IN THE WORLD.
While the neighbour China is showing the declining trend in GDP growth, India is exhibiting a rising trend as on Dec'16.
India's GDP growth is best among BRICS
2
Inflation in downtrend
Better supply side management coupled with cooling commodity prices resulted into control over inflationary forces.
Controlled inflation means higher spending power of consumers thus boosting the economy
3
crude prices on southward trend
India being net importer of crude oil has benefited from this crude price correction.
Since India is heavily dependent on imported crude oil, lower crude prices lead to low import bill and hence a control over Current Account Deficit.
4
Falling twin deficits
Rise in direct tax base, increase in indirect tax collection led to the improvement in fiscal deficit, whereas fall in oil prices and gold imports are contributing to a fall in CAD
Reducing fiscal deficit along with the contraction in CAD is improving the overall economic health of the country.
5
Reducing interest rate scenario
200 bps rate cut has been affected over last 3 years
Low interest rate scenario fuels consumption leading to enhanced industrial activities.
Your India Is Shining
Here are the 5 reasons why India is the right destination to invest in.
1
INDIA AMONG THE FEW FASTEST GROWING ECONOMIES IN THE WORLD.
While the neighbour China is showing the declining trend in GDP growth, India is exhibiting a rising trend.
India's GDP growth is best among BRICS