ETMarkets Smart Talk: Hosting of G20 event is indicative of the rising soft power of India: Ketaki Sharma

“Sustained high government capital spending usually crowds in private investment over time as in the case of many GCC countries such as the UAE. A huge domestic market and government capital spending have clearly helped buoy India’s growth. Key risk to growth remains higher commodity prices eroding the purchasing power of the consumers. Inflation management will be crucial and RBI’s monetary policy will be closely watched as well.”