Vastavam web: Just as movies speed up after the interval, the Indian economy too should accelerate in the second half of the current fiscal, Bollywood filmmaker Karan Johar said today.The Indian economy may have slowed in last two quarters but it is still growing and so there is no space for pessimism, he said at the India Economic Summit of the World Economic Forum (WEF) here.”When it comes to India, I’m hoping for a glorious second half and a great innings ahead,” he added.
The ‘Kabhi Khushi Kabhie Gham’ director said instead of looking at the glass as half empty, it should be viewed as half full.The economy, he said, would grow at 6.7 per cent as opposed to previously projected 7.3 per cent, according to RBI.”That’s still not flat, we are still on our way up. And I feel very strongly that just like our films, our narrative is dramatic, sometimes melodramatic.”It always has a tinge or humour but eventually there is a happy ending – that’s the way our cinema is. That’s pretty much my hope the narrative of India would always be,” he said.
The growth would peak to 7.7 per cent in the fourth quarter of the fiscal ending March 2018.Later at a press briefing, Johar said, “I feel that sometimes we tend to get extremely pessimistic about our environment and our economic political and social stability.” Stating that he is someone who is exceptionally optimistic, he said India has stable political governance with a majority government.