This week : Mckinsey reports on Indian consumer spending and Financial Times reports on India’s Infrastructure
This week McKinsey has released a report on India’s Consumer market and there are very interesting forecasts and findings.
Complete report:
Audio Version :
Thought the report is quite optimistic - rising incomes, poverty reduction, middle-class growth, and greater opportunities, for individuals and businesses. But the good news is largely dependent on GDP growth in the rang of 6% - 8%. Some of the hurdles which can slow down the machine are
-Slowdown or backlash against the reform agenda -Poor macroeconomic management -Poor fiscal discipline -Lack of investment in infrastructure -Lack of investment in education
Download the complete report here
- Financial Times:
Today FT published a special report on India’s Infrastructure and its relevance for the economic growth. The report is quite substantial but with few flaws in the way conclusions were drawn from the facts. FT’s conclusions might look very convincing to a novice reader but if one is careful it is quite easy to identify some of the flawed conclusions. Read the complete report here
