minus imports and one of the things that we have quite alarmingly been seeing for the past few months is that the imports have been quite strong because of higher prices and also because we are going for domestic recovery so volumes are high the net impact on gdp growth might be limited from thatwhat are the key monitorables in your view from here on to ensure that the hypothesis is actually playing out in that directionin the short term we are looking at the ultra high frequency indicators we are looking at how mobility is shaping up is it going to be as much as the second wave is it going to be less so the ultra high frequency indicators like gst collections mobility energy consumption that will help us define how much has been the hit from the omicron risks in terms of the broader cycle there are a couple of things on our radar one is of course how the budget will shape up and whether it will it be focussing more on fiscal consolidation growth and hence keep expenditure high the other aspect which would be very interesting to watch is really how private capex plays out and so whether we are going to have a lot of companies coming up to say look the pandemic concerns are over the party is getting started let us start increasing capex indias capacity utilisation has come down quite a bit and so by that logic that should be going up so is that going to happen or are we still going to see a tepid private capex sentiment finally one of the things to look out here is how the consumption sectors goes how the kshaped recovery takes place are we going to see a rise in retail asset stress among banks are we going to see higher prices auto companies are raising prices fmcg and telecom companies have raised prices all these are going to affect the balance sheet so are we going to see a slowdown in the consumption sector iy going to be really important to figure out how the outlook of consumption companies is going to be we will watch those particular pointsalso readthrough the rearview mirror economists assess how india fared in 2021the indian economy maneuvered choppy waters amid the covid19 pandemic its nascent recovery hampered by a demandsupply mismatch while being among the fastestgrowing economies in 2021 economists weigh in to assess how the indian economy fared in 2021see more details et now published on jan 7 2022 at 0939 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals