P Notes banned, no liquidity in indian markets since US FIIS/banks are also pulling out. net result no funds for new projects by election time growth will slow down, property market will crash there will be no buyers only sellers. Companies will close down, unemploymnet will increase. all the major projects will get abandoned midway.Example wockhardt ipo failed so no new hospitals from wockhardt small contribution of pulling down growth and employment oppurtunites.same story will be repeated every where. worst sufferers will be real estate industry if you are lucky in one year time you will get property below the actual building cost, US banks have started vacating property in mumbai,software companies have started lay offs so who will want space. SEZ projects will get abondoned mid way. india needs loads of foreign money to drive growth. the tap has been closed.The biggest problem in india is we have a FM, RBI governor , advisors in north block does not understand once the growth curve changes its direction because of thier decisions it will take 100 times the effort and time to put it back on track
