Sir India needs at least 6% plus growth..............The stocks markets are going nowhere, the BROKERAGE HOUSES are closing down. CRISIL has sounded warning for the depleted balance sheets of the India Inc. Moreover, the interest rate is still very High and this is making the infrastructure sector suffer. The Housing Prices are shooting over the roof, and in good cities like Mumbai and Delhi, they are already out of the reach of the common man. Only who are benefiting are the government employees who are being paid highly exorbitant salaries, without any accountability. That is why we see the increase of NPAs in PSU Banks India. This is giving rise to disparity of income and high retail inflation. Besides, in such a circumstance, the Indian economy is collapsing and you are talking of 2nd fastest growing economy..............??!! WE NEED TO BE IN OUR SENSES WHEN WE MAKE PUBLIC STATEMENTS...........!! INDIA HAS STRUCTURAL PROBLEMS, AND THESE KINDS OF "APPLE AND CARROT POLICY" WILL TAKE US NOWHERE.........!! In the last 5-years, the equity market participates hardly made any money (except may be some veteran experts). WHERE ARE WE HEADING IS THE REAL QUESTION....? PEOPLE MIGHT VOTE ENMASS TO THE BJP, IF THE CONDITION OF ECONOMY DOES NOT IMPROVE.
Posted on: Sun, 28 Jul 2013 21:26:11 +0000
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