01-03-2009, 09:46 PM
Nareshji,
Nope, Domestic was 50% because of previously straved homes. Now it will have same China problem.
Hedge Funds, 401K money was heavily poured in Indian market which is now either pulled out or dried up, if you can recall since Moron Singh became PM , market went up and down.
Vote Bank policy and free dole can do little to Indian economy, only it will add inflation. Moron Singh rule gave good injection of Socialism which was more or less killed what NDA rule tried to do. Moron Singh is able to turn train back to 2% growth rate, if you see Indian polpulation it mean negative growth. India need 10%+ growth rate for next 15 years to be like China.
World don't have to worry about India as long as vote bank based budget is live and kicking.
<b>Next fiscal likely to be more difficult, warns PM Moron Singh</b>
Nope, Domestic was 50% because of previously straved homes. Now it will have same China problem.
Hedge Funds, 401K money was heavily poured in Indian market which is now either pulled out or dried up, if you can recall since Moron Singh became PM , market went up and down.
Vote Bank policy and free dole can do little to Indian economy, only it will add inflation. Moron Singh rule gave good injection of Socialism which was more or less killed what NDA rule tried to do. Moron Singh is able to turn train back to 2% growth rate, if you see Indian polpulation it mean negative growth. India need 10%+ growth rate for next 15 years to be like China.
World don't have to worry about India as long as vote bank based budget is live and kicking.
<b>Next fiscal likely to be more difficult, warns PM Moron Singh</b>