India - A broader analysis of the country - May 2012

Executive summary:

• The lasting political stalemate will remain until the 2014 general elections, affecting India’s economic outlook.
• Communal violence, Maoist insurgency and unresolved conflict with Pakistan over Kashmir constitute India’s main security risks.
• India’s weakened economic momentum partly results from cyclical factors and external shocks, namely the global slowdown, high inflation – particularly oil prices – and the eurozone crisis. But a deteriorated business environment and lack of structural reform further penalize the economy and threaten growth potential.
• Poor public finances compel the general government to fiscal consolidation, depriving it from a major policy tool.

DETAILED ANALYSIS OF INDIA PREPARED BY ONDD PLEASE FIND   >> HERE <<