Posted by: qmaxim | February 11, 2009

stimulus package

I have commented here about india’s economy not needing stimulus package, though the clamor from many quarters continues unabated.
My views seem to be supported by KV Kamath of ICICI. See excerpts from the interview below as well as the link of the complete interview:

CNBC TV18: As you are indicating a turnaround in the next quarter itself then can I assume that you don’t feel any need for any additional fiscal stimulus packages in the country?

KV Kamath: Package per se I don’t think we require.

URL of interview:
http://ibnlive.in.com/news/economy-already-showing-signs-of-recovery-kv-kamath/85026-7.html

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