Saturday, February 16, 2008

Threads to think along! Indian Economy!

India's $5.2 Trillion Economy by PPP, is heading for another budget..

- Indian economy is 41% industrial in nature
- Inflation is mostly because of supply side constraints. Its not logical to try to curb it by introducing demand side bumpers like raising interest rates, making less funds available to the industry
- Tax net needs to be widened.
- The way to improve the economic status of the India's rural segments is to attract investments there
- Farmer productivity needs to improve. There's not a single ITI in India for teaching the best ways of Farming




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