I hope that all of you and your families are keeping safe and healthy!! 

 

Welcome to our February newsletter. As 2022 begins, the world is busy fighting with another variant of COVID-19, ‘Omicron’ which while believed to be highly infectious may not be as fatal as the ‘Delta’ version. Different parts of the world are reacting differently to the virus. We hope we will sail through the pandemic successfully and would rise again as the fastest growing economy globally

 

As per the recent World Economic Forum Global Risks Perception Survey 2021-2022, the top 3 severe risks on a global scale over the next 10 years are climate action failure, extreme weather and biodiversity loss. World Economic Forum in collaboration with Marsh McLennan published The Global Risks Report 2022, 17th Edition. This year the Global Risks Report draws on the views of over 12,000 country-level leaders who identified critical short-term risks to their 124 countries, gathered through the World Economic Forum’s Executive Opinion Survey. 

 

On another note, India will now be privy to Union Budget 2022-23. Despite adverse impact to economy due to the pandemic, India Inc. have their hopes high with the upcoming budget and expect the government to announce measures to accelerate economic recovery with focus on demand generation, job creation and improving the digital infrastructure across the country.  This would be a much needed booster dose to accelerate India’s growth story.

 

We hope you will find the newsletter enriching. Do share your comments, views at mercerindia@mercer.com we would love to hear from you. 

 

Until next time, stay healthy and keep thriving!

 

Sanil Nair

Senior Consultant- Wealth 

Mercer India 


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