IMA Content

Friday September 25, 2020

Data Privacy Workshop Single Page

India & the World Economy: Outlook & Expectations for 2021

IMA is hosting a special half-day Planning and Forecasting workshop on 2nd March 2021 for Board members and Executive management, over Zoom. 

IMA’s Planning and Forecasting workshop is designed to facilitate a joint analytical exercise for the Board and top management suite. It seeks to expose your colleagues to the broad economic, global and political parameters. Led by experts who bring in deep expertise in each of the three fields, the discussion is sure to generate insightful learnings and practical guidance.

 

HOW IT WILL HELP

 

Arrive at a common understanding of the economy’s trajectory

 


 

Enable a joint analytical
exercise

 


 

Build your business plans based on inputs from experts

 


 

Special pricing for group participation

 


 

Get exposed to economic, political and global parameters impacting business performance

 


 

Interact with like-minded business and senior leaders

 


 

Authenticate your assumptions and expectations

 


 


THEMES TO BE COVERED AT THE WORKSHOP

 

Session 1: 9:00 am - 10:15 am
GLOBAL AND REGIONAL ECONOMIC OUTLOOK

Richard Martin,
Managing Director, IMA Asia
 
Session 2: 10:45 am - 12:00 pm
INDIA ECONOMIC AND BUSINESS OUTLOOK

Adit Jain,
Editorial Director, IMA India
 
Session 3: 12:30 pm - 1:45 pm
POLITICAL AND POLICY
OUTLOOK


R Jagannathan,
Editorial Director, Swarajya
 



CONTEXT FOR THE EVENT

 

Amidst coronavirus-related disruptions, advanced economies are set to experience prolonged pains. 2020 has in many ways been China’s year. After a brief stoppage in February-March, its economy returned to full throttle and, as of this writing, is expected to end the year with growth of 6.5% at a time when most other nations will contract. This will help it narrow down America’s slim lead and enhance its clout in world matters. The US, under the Biden Administration, has its task cut out. Apart from containing the virus and rekindling domestic growth, it needs to regain Amercia’s prominence and influence amongst both allies and adversaries. Its actions and policies will have a significant impact on India’s economic situation.

On the domestic front, the Indian economy is expected to end FY21 with a contraction of 7.5-8.0% but this is a lot higher than was envisaged a few months ago, with some agencies at one point projecting a figure as low as -12%. This has been made possible by a faster-than-expected improvement since Q3, the momentum of which is expected to continue into FY22. At the same time, there are downside risks to be aware of. While the revival may seem broad-based, there are large sectoral and sub-sectoral variations. Moreover, inflation remains firm and with easy money policies continuing, could rise further. The investment sentiment remains subdued and banking NPAs are yet to be resolved in a meaningful way. On the medical front, although vaccination is now underway, the process could stumble on the back of logistical challenges, risk perceptions and public unwillingness to cooperate.

Politically, the environment has become unexpectedly combative in recent months, which makes the task of pushing reform measures and crisis-alleviation steps that much harder.

In short, the uncertainties for businesses are wide ranging. It is, therefore, crucial for decision makers to take stock of the calculus of economic and political expectations and plan their next moves carefully.

 

"Event Rescheduled"