Whichever government comes to power, it has to realise that the economy requires very serious attention. It has to start from liquidity improvement and start making some fundamental changes to kickstart the government spending cycle,' Technopak Chairman & MD Arvind Singhal said in this interview with ET NOW.
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Watch If private consumption doesn't pick up, govt has to step in: Arvind Singhal of Technopak With HD Quality.
Whichever government comes to power, it has to realise that the economy requires very serious attention. It has to start from liquidity improvement and start making some fundamental changes to kickstart the government spending cycle,' Technopak Chairman & MD Arvind Singhal said in this interview with ET NOW.
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Watch If private consumption doesn't pick up, govt has to step in: Arvind Singhal of Technopak With HD Quality
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October to December 2019 has been a very good quarter as far as consumer spending goes and most well managed, well performing companies would declare very good numbers for that quarter. Overall, this financial year should be a decent year as far as consumer spending goes, says Arvind Singhal, CMD, Technopak in an interview with ETNOW.
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There is an opportunity for private sector banks to grab market share and it is quite encouraging to see individuals lining up to recapitalise some of the private sector banks like YES Bank. That would be a space to focus on, says Mark Matthews, MD, Julius Baer in an interview with ETNOW.
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Chief Economic Advisor Krishnamurthy Subramanian on Friday said the government is focusing on increasing consumption to boost economic growth. Presenting steps taken by the government in the past few months to pull the economy out from a six-year low growth, he said the measures include corporate tax cuts to improve risk-return of companies.
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