Indian economy will turn around after the temporary challenging phase believes financial advisor Shasank Jalan
Kolkata/IBNS: With the Covid-19 pandemic throwing the economy of diverse nations out of gear, Shasank Jalan, the owner of Jalan Financial Services, believes people should take wellmesured steps now so far as financial inestments are concerned.
Jalan, who is a CA and is working as an Independent Financial Advisor.
He focuses on accountancy, taxation and financial advisory for individuals as well as corporates. He also has exposure to the banking sector and has conducted modelling (considering the Basel III norms), interpretation and analysis of bank's financial statements, regression analysis, DDM, public comparable, precedent transaction and competitor benchmarking.
Jalan believes the financial serices is a sector which cannot sit idle even at the time of crisis.
"We have our team working from home, helping and advising clients. Our entire setup is online and we are ensuring that we meet clients requirements at this point of time," said Jalan.
Jalan has no doubt that the world economy will be in a tough situation in the coming period post the fallout of the Covid 19 outbreak.
"We are advising people to focus on small things currently. This outbreak will change the way we work and live, similar to
what happened after the world wars, " he said.
Jalan said, "We are ensuring that in such times our clients are able to access their savings nest and are hand holding them thorough the necessary processes, trying to provide them with opinions and information from around the world and experts."
Although Jalan does not deny that the future will be a challenging one, he is hopeful too.
According to Jalan, "The Indian economy is very much self-sustaining as we are more based on consumption and investments than exports. We believe with the right policy actions, Indian economy will be back on its feet after the challenging temporary phase."
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