Understanding India: Time is RIPE

02 Aug 2019

Open a DBS Bank Account Now India currently enjoys an ideal mix of political stability, a credible central bank, and a reform-centric focus. Time is ‘RIPE’ for growth to climb out of the current slowdown.

With the general elections over, another term of political and policy continuity lies ahead

Expectations are running high on what the next five years will hold

We reckon time is ‘RIPE’ for the economy is climb out of the current slowdown and

… head back towards its potential growth rate

From a negative output gap, we expect the economy to accelerate past potential

This is a Summary of the report – please download/read the pdf file for the full reportA decisive win for the incumbent ruling party in last month’s elections was a strong vote for political and policy continuityWe reckon time is ‘RIPE’ for growth to climb out of the current slowdown and return towards its potential rate over the next two-three years.‘R’eformswill be crucialReviving the ‘I’nvestment climateBesides the domestic agenda, authorities will require ‘P’roactive efforts to guard against rising external risksDevelopments on the US-China trade dispute and other protectionist policies, present both a challenge and opportunity for India.Return to faster ‘E’xpansion mode on the cardsDownload the PDFRadhika Rao, Economist
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