SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Current economic sluggishness will not continue for long: N K Singh

18 Nov 2019 Evaluate

Finance Commission Chairman N K Singh has said that the current economic slowdown is episodic and expressed hope that sluggishness will not continue for long. He noted that India's economic growth has slumped for the fifth straight quarter to an over six-year low of 5 percent in the first quarter of the current fiscal (Q1FY20). He said it is estimated that the growth may further slip to below 5 percent in the second quarter and overall the economy is likely to register a less than 5 percent expansion for the full fiscal.

Singh further said “I do not regard that the current economic sluggishness is something that the country is going to experience for too long. I remain optimistic that the current slowdown is as much as anecdotal, episodic as much as cyclical and structural.” However, he stressed that India should continue with both structural and cyclical reforms.

Talking about Regional Comprehensive Economic Partnership (RCEP), he said global economic structure is changing, but India is not at a disadvantage. He noted that it is inherent that India was better off in a multilateral world than in a bilateral world. He added that the country should continue to strengthen multilateral activity, but should also keep its own interests in mind. Earlier this month, India decided not to join the mega RCEP deal, which is being negotiated between 10 ASEAN member countries and their six trade partners, after negotiations failed to address New Delhi's concerns on the biggest trade deal in the world.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: