Friday, August 17, 2012

INDIA’S BATTLE WITH FINANCIAL CRISIS


With the startling predictions of Moody and S&P regarding India’s plummeting growth rate, there is one question that haunts every Indian, “Has the sun of India’s economic growth actually set?”

Reports suggest that India has recuperated the least after Global Recession and Euro-Zone Crisis. While we are staring at an empty Indian treasury, our ruling party is busy “buying” votes by victimizing our people. Lack of liberalization policies, black money and heavy debts have brought about stagnation if not a fall in our GDP. The issue needs to be sorted out by those geniuses whose policies form the backbone of our economy.FDI in retail and aviation sectors too will help in curbing the crisis.
Its time our Govt. officials pulled up their socks and invest their ideas on the general welfare rather than selfish interests, else it will not be long before the Indian economic debacle sets in.

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