Monday, 16 July 2012

Indian economy


India's economic status worsens


The economic situation in India is worsening. A recent survey by an International Research Centre says 92% Indians have blamed their government for the country's economic problems.

The 6.9% GDP growth projected by the government in the current financial year is much lower than around nine per cent growth registered in the recent years. Many people here say they are skeptical about their future. Only 38% people are satisfied with the direction adopted by the government. A year earlier, this figure was 51%. .

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