Edit this postKaushik Basu, Chief Economic Adviser has given vent to his opinion on coming year for India and his personal views on US economy. His opinion is as appended below:
"I would forecast next year to be better than the present one. The U.S. is on a slow rise. Europe is still on the brink, but if you ask me to bet I would say, on balance, it would escape falling into another recession. If these expectations are right, then I think India has enough fundamental strength that we will get out of the current slowdown and begin to move."
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