Diwali to cheer you next year: Assocham

Nov 14 2012, 15:49 IST
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After failing to make for a happy Diwali this year, a survey shows economy will definetely add lustre. (Reuters) After failing to make for a happy Diwali this year, a survey shows economy will definetely add lustre. (Reuters)
SummaryAfter failing to make for a happy Diwali this year, a survey shows economy will definetely add lustre.

months driven largely by the recent Finance Ministry initiatives," Dhoot said.

However, in the horizon of 9-12 months, the situation is expected to improve as the CEO respondents see inflation coming under large control, interest rates softening and the global environment improving, Dhoot added.

"While we manage to keep up our spirits high during this Diwali, we see better and brighter prospects in the second half of 2013-14," he said.

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