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India''s GDP falls to 6.7% in FY09


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bhaskara rao
Experts were expecting 7% in FY09
by bhaskara rao on May 29, 2009 11:36 AM  | Hide replies

This is big blow to our economy.This fell short of 0.3% as per projections.If global situations doesn't improve we may go below 5% for FY10.What PM and FM are going to do?.

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modelrator
Re: Experts were expecting 7% in FY09
by modelrator on May 29, 2009 11:39 AM
Give a damn to Fiscal downfall. Preople are happy a sick ular govt has been elected to govrn us.

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carryon
Re: Re: Experts were expecting 7% in FY09
by carryon on May 29, 2009 11:46 AM
if the growth rate remains intact like china, then to whom our government will waive off loans?
and where will our celebrity star camaigner go for a tea with british officials?

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chethan m
Re: Re: Re: Experts were expecting 7% in FY09
by chethan m on May 29, 2009 11:51 AM
Boss,Big peoples loans of will be waived off several times. no body talks about that. if farmer loan is waived off then you will cry like anything. congress may done this for votes but still the farmers needs to be suppirted. other wise we need to beg for others for Food...

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carryon
Re: Re: Re: Re: Experts were expecting 7% in FY09
by carryon on May 29, 2009 12:01 PM
Hi chetan, really I am sorry to hurt the sentiment.
But you know, there are several ways to rescue them. You will be surprized by the manipulation of shortage and overflow of grains by the food corporations and govt policies.. And for waive off policy, it goes to land owners who made loan for farming.. I am pretty sure that yoy are urban guy.. Go to country side, we have more daily workers working for other's land.
The problem and real scenario is much deeper my friend!

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carryon
Re: Re: Re: Re: Re: Experts were expecting 7% in FY09
by carryon on May 29, 2009 12:11 PM
I have seen lot of farmers.. atleast in hundreds, who work in othar'ss land or they possess few..

Forget about going to bank.. In this e-Era we are living, they have not seen the door of post offices !
No offence intended.. But its reality !

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