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India's economic situation could be worse than 1991: Kelkar


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chanakya maurya
Are they referring to some Senate Sub-Committee ?
by chanakya maurya on Oct 01, 2012 04:10 PM

On US economy and foreign trade ?

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Ramesh Yagnik
BE INDIAN - BUY INDIAN
by Ramesh Yagnik on Oct 01, 2012 12:43 PM

pL READ 2ND LINE -
"The panel, asked to recommend on consolidation of government finances, also observed that foreign exchange reserves and currency vulnerability resemble those in the infamous 1990-91 balance of payments crisis."
Nobody here is pointing towards this angle. Govt has LOST 176000 in 2G 186000 in COalgate 50000 in CWG and many more are to see light of day.
IF THESE SCAMS ARE NOT CONTROLLED BY THE LEADER OF MINISTRY, THEN THE SITUATION WILL WORSEN FURTHER.

FDI in retail is not the solution for the same, since IT WILL ONLY HELP WIDEN GAP BETWEEN IMPORT & EXPORT - PUSHING OUR ECONOMY ON DOWNWARD PATH. (It must be noted that opening of FDI is NOT OUR NECESSITY - but is required by western countries to save their economies by generation of demand for their products in Indian markets.

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Communal Award
Each state should have its own currency (Chiemgauer)
by Communal Award on Oct 01, 2012 12:32 PM

.

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PEHCHANKAUN
oppositions plans failing one after the other ...sigh !
by PEHCHANKAUN on Oct 01, 2012 11:46 AM  | Hide replies

The opposition's Plan A - Anna , Plan B Babba and Plan C -- CAG have failed so now they are trying Plan D - disruption.

MMS ji will give fitting reply.


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sailor
Re: oppositions plans failing one after the other ...sigh !
by sailor on Oct 01, 2012 12:04 PM
By going on another bout of "Mounvrat".

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mota
Re: Re: oppositions plans failing one after the other ...sigh !
by mota on Oct 01, 2012 12:12 PM
anna gets mounvrat everytime bjp is redfaced ...but his reer exit has no rest

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SHS
Re: oppositions plans failing one after the other ...sigh !
by SHS on Oct 01, 2012 12:41 PM
There is no plan is required for UPA. UPA himself disrupting.

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Common Man
Another Reason
by Common Man on Oct 01, 2012 11:18 AM

Another Reason for MMS to increase the price of fuel and taxes.

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Hebbar R
ndia's economic situation could be worse than 1991: Kelkar
by Hebbar R on Oct 01, 2012 11:12 AM

It is a pity that none of these so called "Economists" have said a word against corruption that is probably the main cause for these economic issues. No nation can survive when such hug % of the GDP gets eaten away by corruption and the top most leadership of the country is either involved or are looking the other way. It is therefore probably right to call these people as "Pseudo Economists".

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Common Man
Thanks to Italian Mafia....
by Common Man on Oct 01, 2012 10:54 AM

.

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abd
hi
by abd on Oct 01, 2012 10:48 AM  | Hide replies

I hereby submit my application to Mr. Modiiiii Advaniiiiiiiiiii and M/S. Rssssss BJPpppppp to enhance their efforts on the disintegration of India as a result they should work hard on communal disharmony to pave way to congress and other regional parties to establish corruption and chaos. RSSsssss and BJPppp have failed to generate new communal issues such as demolition and Gujarat 2002. If this will continue then they should note that their payments from ISI and CIA will stop. It is being observed that they are found to be lazy in fulfilling their assignments to help congress and other regional parties for economic failure and destabilization of India.

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theIndian
Re: hi
by theIndian on Oct 01, 2012 10:54 AM
BAKKARA KATNEVALLA KI UMMEED KARTHE HAI, PALLAVALLA KO NAI this is universal truth

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abd
hi
by abd on Oct 01, 2012 10:44 AM

I hereby submit my application to Mr. Modiiiii Advaniiiiiiiiiii and M/S. Rssssss BJPpppppp to enhance their efforts on the disintegration of India as a result they should work hard on communal disharmony to pave way to congress and other regional parties to establish corruption and chaos. RSSsssss and BJPppp has failed to generate new communal issues such as demolition and Gujarat 2002. If this will continue then they should note that their payments from ISI and CIA will stop.

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