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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


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



To: RealMuLan who wrote (5166)4/28/2004 2:51:22 PM
From: Knighty Tin  Read Replies (3) | Respond to of 116555
 
YZ, I agree, in general, but 6% a year growth for the next 50 years with no let up? Methinks Goldman has eating the good brownies again.