>Tough Times = 12 Tough Tasks to Sustain Growth in 2012

Presentation Path



GDP – 12 Tough Tasks To Sustain Growth at ~7%
■ FX Vulnerabilities Increase


► External Debt – Short-term Debt Worries; Redemption Pressures Key to Monitor
► BOP – Flows Lower, But Sufficient to Finance the Deficit


■ Fiscal – Fiscal Consolidation on the Backburner: Assessing Debt Concerns
■ WPI Inflation – Determined by Interplay Between Currencies and Commodities
■ Rates – Easing cycle likely to be advanced to 1Q 2012
■ Politics – Will the Policy Gridlock Ease


To see full presentation: INDIA MACRO OUTLOOK