The Indian Economy is in serious trouble. Inflation, a slowdown in growth, the fall in the rupee exchange rate, the loss of investor confidence that is roiling the capital market, the cutbacks in investment decisions, the overhang of short-term external debts are all storm signals of trouble ahead. The government has tended to blame the global economic turmoil for this. But it must own up to
The Indian Economy is in serious trouble. Inflation, a slowdown in growth, the fall in the rupee exchange rate, the loss of investor confidence that is roiling the capital market, the cutbacks in investment decisions, the overhang of short-term external debts are all storm signals of trouble ahead. The government has tended to blame the global economic turmoil for this. But it must own up to
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