The Bite Report ; It's Not yet Unanimous, but an Emerging Consensus Suggests That the Worst Is Over. Revival Could Be As Early As September and Will Depend On How Swiftly the Government Acts On Issues That Drag the Economy.

India Today › June 15, 2009

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Summary

It's not yet unanimous, but an emerging consensus suggests that the worst is over. Revival could be as early as September and will depend on how swiftly the Government acts on issues that drag the economy.

Is the rise in markets and faint glimmer of feelgood factor for real or an illusion?

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Extract

The Bite Report ; It's Not yet Unanimous, but an Emerging Consensus Suggests That the Worst Is Over. Revival Could Be As Early As September and Will Depend On How Swiftly the Government Acts On Issues That Drag the Economy.

BIBEK DEBROYProfessor, Centre for Policy Research & IMI

The rise in markets and the feelgood factor is real, but it should be delinked from the electoral outcome.

MAHENDRA DEVChairman, CACPIt seems to be real.Rural demand, improved offtake in steel and cement, capital expenditure and ...

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