Expert Economist Mr. Siddharth Shankar on the latest RBI Policy 16th Dec 2011

As expected the RBI did no change in its policy. RBI has shown its concern on the growth but inflation remains its major concern. While the inflation is falling the pace of its fall is quite slow. The non-inflation numbers still are showing no signs of a fall and the food inflation is falling due to the seasonal effect. The base effect will also make the numbers look better. But all this is not reflective of the falling inflation. Coupled with this is the fiscal deficit of the government. My view is that in the Jan RBI would not reduce the rates but may signal an easing by cutting the CRR. Once we have the budget in February RBI would have a clear picture on the fiscal front as also on the inflation front and going forward in RBI may look at easing of the monetary policy.

MR. SIDDHARTH SHANKAR,  Director, KASSA INDIA 

Mr. Siddharth Shankar is a leading Economist & Financial Expert. He has been associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has more than a decade's expertise in structuring financial products for companies to cover their financial risks that were generated due to their international exposure to money and commodity markets. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products.

Being a thought leader in the field of Macro-economic, he can provide a detailed analysis on the subject for your esteemed publication.

 Mr. Siddharth Shankar started raising his career graph at the tender age of 19. He had set-up his first fully automatic diamond cutting plant production unit, the first of its kind in Delhi, employing 20 people. By the time he touched his 20`s, he initiated trading of diamonds in the world’s largest diamond market-Antwerp. During this period he simultaneously started giving consultancy on Financial Management to various corporate houses in Europe, India and South-East Asia.

At 22, as a seasoned Financial Risks Manager, he started structuring Financial Products for companies to cover their financial risks that were generated due to their international exposure to Money and commodity markets.