To state the obvious, capital assets and consumer goods prices rise and fall all the time, and their fluctuations are essential for telling the markets what economic concepts should receive capital in abundance, and which ones should be starved of it.
But one thing India has in abundance is skilled human capital--after the U.S., the largest pool of English-speaking scientists and engineers in the world.
The deeper the recession, the more all the bad economic ideas are being starved ofcapital so that good, growth oriented ideas can receive the formerly misused capital in abundance.