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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (8915)	10/25/1999 4:24:00 PM
From: JPR	Read Replies (1) \| Respond to of 12475

expressindia.com He (Narayanan) also said that the government would examine replacing the present system of no-confidence motion by a system of `constructive vote of non-confidence' besides a fixed term for the Lok Sabha and the State Assemblies to prevent political instability. `The Government is committed to ensuring the safety and security of all citizens of India, irrespective of their caste, religion, gender or language. The incidence of communal violence last year was at its lowest in the last decade,' he elaborated. There were of course references to the military takeover in Pakistan, India's victory in Kargil, the country's security concerns, strengthening of ties with neighbours, and also the United States. Narayanan painted a rosy picture of the economy which he said was marked by the lowest-ever level of inflation in the last two decades and the record $ 33 billion forex reserves.