Two eminent economists and one of them Prime Minister- made it clear that under the most corrupt Government all the figures of finance and economy invariably go southward. Bad economic policies, Knee jerk reactions, half hearted attempts to bring in reforms and total non-governance by the Central Government- made the Foreign investors panicky and they took way all the money that they had invested- back to their own countries- thus depreciating the rupee making import of oil and gas more and more costlier . This in turn raised the prices of all commodities domestically Now Both our stalwarts are writing a book- How not to run the National economy-confident of getting a Nobel prize for their attempts wit a live example of India.
Posted on: Tue, 20 Aug 2013 00:04:47 +0000
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