We also know that the economic effects of our gradual rate increases are uncertain, and may take a year or more to be fully realized. While FOMC participants’ projections are based on our best assessments of the outlook, there is no preset policy path. We will be paying very close attention to what incoming economic and financial data are telling us.
In conclusion major problems/challenges faced by SSI sector in India are: ·  availability of collateral free loans  ·  cost of loans  ·  delayed payments  ·  marketing  ·  challenges emanating from WTO related issues  ·  sickness  A number of steps have been initiated to promote the healthy growth of SSI Sector.