Tuesday, 6 December 2016

Nifty opens above 8150, Sensex up over 100 pts

Get live News Updates visit us at https://www.linkedin.com/title/ripples-advisory or One Missed Call on @9303-093093

In addition to the difficulties in distribution and the informal sector benefitting from formalization, there is the risk of an economic slowdown. 72 percent of India's non-agri workforce is in the informal sector and the process of formalization could take several quarters if not years. In the interim, firm-failures would disrupt the economic momentum and cause their own downstream impact on growth.

No comments:

Post a Comment