Friday, February 12, 2010

India Inc: Back on track

The Indian economy is back on track with the announcement of recent growth forecast of 7.2% expected in the last quarter of FY2009-10.
Compared to the previous FY, the economy has performed really well albeit setback in the Farm Sector.
Job market is revving up and people have started to spend. The economic meltdown has taught us number of lessons which includes shedding excess baggage, credit control, minimise expenditure, finding innovative ways to attract new markets, importance of savings not only for individuals but also for Corporate India.
Now, it's high time the slim & trim Corporate India makes attempt to capture newer markets and not depend on the existing ones.
Thanks to the Government of India initiatives & policy changes amidst global chaos and the timely stimulus measures have worked well and the economy is back on track.

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