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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (5166)	4/28/2004 12:59:01 PM
From: RealMuLan	Read Replies (1) of 116555

High Fiscal Deficit Hampering Growth, Says Sachs Report OUR ECONOMIC BUREAU NEW DELHI, APRIL 27: The high fiscal deficit and consequent inability to step up investment in infrastructure is hampering economic growth in India. “If India could match China in the quality of its infrastructure and education, growth rates over the next five years could jump from an average of of 6.1 per cent to 8.1 per cent, hitting the government’s target of 8 per cent ,” says a Goldman Sachs’ recent report on India. financialexpress.com

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