Is Indian economy going to derail?
“I feel India is probably going to derail and be probably one of the worst performing markets in the next couple of years. I think it is not the global economic turmoil but the fact that in India the chicken is coming home to roost,” said Sanger. “The most dramatic thing that this government has done is to push through airport privatization. Problem now is not the global economic turmoil but the rise in energy prices and the fertilizers prices and the loan waivers that the government has just announced in the budget,” Sanger said
