10-01-2008, 06:32 AM
The Government is still claiming that the situation may turn for the better by the year end. But few would agree with such gung-ho approach. Says former finance minister Yashwant Sinha, "The blood bath at the stock exchanges and liquidity squeeze have affected the sentiments in a big way. With near 13 per cent inflation and such high rate of EMIs, you don't expect people to give a thumbs up to the Government of the day. The economic crisis will surely be a major poll issue.
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