India in 2015: Top 10 Economic Trends

February—The Decisive Month of 2015: The first Union Budget of the new government preceded by Economic Survey and Financial report, February is financially most important year of 2015. There are many ways in which these financial documents define the status of the country. Whether or not the budget is transformational and futuristic is something the world looks up to every year. For a country like India which has good scope for development, investments play a major role. And domestically this is the time of the year when the investors expect deduction in the interest rates.

China the Big Risk: China, the biggest risk to watch out for in 2015 says Ruchir Sharma. The Chinese ever growing economy contributes as much as 33 percent to the global growth as per the 2014 report. Whereas on the other hand, the United States contributed only about 20 percent to the global growth in 2014. The pace at which the Chinese economy is improving is unmatched and this might be threat to India. It was in 1994, when U.S. contributed 33 percent to the global growth. This is a chance for China to establish itself as a powerful economy in the Asian region.

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