Are this reforms really needed? Recently Govt has declared new reforms to boost-up market activities. This reform will not only help Congress to ensure there vote bank but also help Investors and industries to generate profit. After the Decision of FDI Govt have to take this steps to remove hindrances. The effect of it is also started showing on Nifty and Sensex, Experts are speculating that nifty will break 6000 and will touch 6600 in near future. This are backed up by measurable medium term fiscal consolidation
- Rebuilding investor confidence on Indian equities
- To make room for fiscal to stimuli either fiscal or monetary,
Recent Deregulation of petrol was a welcome step for investors.Lets see how congress implement it before the elections to bring the ball in the court.
