Inflation is slowing down. That’s great. Sure vegetable prices are out of control even today but I don’t think thats something a Govt. can really control in India – thats up to the Rain Gods and how farmers want to sell their crop! Surely Govt. can try to assist there too though. Fixed Deposit rates will come down from those high end 10% to 7-7.5% per year. Don’t fret! The loan interest rates will also reduce too. People will want to spend more money buying things. This is good for the economy. So don’t worry if the news channels make up stories (honest ones will repeat what I said with jargons though!). Be happy. This year seems to be a good year to spend and enjoy things you always wanted! 🙂 Thinking out Loud.
-Written by Shivam Parikh