ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Navigating the Future in the Midst of Global Uncertainty

Thanks to the central bank's relative caution on the financial sector, India is somewhat protected from the full force of the global meltdown. Yet, there is no doubt that the economy will be affected by the fallout. Policymakers need to take advance action in four areas: growth (moderating a slowdown by picking up the slack in investment), liquidity (the central bank stepping in) when needed, solvency (improving intelligence) and inflation (using quantitative controls if necessary).

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