2. How was 2012?
$2.4bn FII inflow in India (Start was low)
Valuation Correction
Best within worst
Current Account deficit, Inflation
Expected Growth: Still better
Removing Subsidies
Decrease Interest Rates
Fiscal Consolidation (Investment program attracting FII )
Disinvestment
9.8% stake divested from NTPC
3. What do Corporate expect from
2013 budget?
Budget is important for developing country
Many of the reforms are already declared to the public
in Road shows
DTC & GST Implementation
Fiscal Deficit 5.3% target committed for FY13
Fiscal deficit 4.8% target for FY14 & 3% for FY15
Math behind the commitment
Avoid Disasters such as 2G spectrum allocation
How will the figures be implemented
4. What should individual do?
GDP: Saving ratio is decreasing
Invest more in Long term instruments.
Youth SIP encouragement
Save ₹1000pm.
Tax scheme-offering more tax benefits in investment
5. Markets mainly driven by FII’s
Domestic Corporate confidence is required
Incentivize Investor to re-invest
More debt instruments should be introduced to attract
First time Retail Investors
Introduction of RGES
Investment in PPF and EPF is actually making people
poor