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Friday, July 18, 2008

Indian Economy in doldrums.

Th e rating of indian economy has been downgraded .
The loan waiver of 70,000 crores for farmers,may bring in votes .
The government has gained political popularity .
It has lost financial credentials.
Industrial growth has slowed down.
Inflation is high, highest in 13 years.
Political stability is a big question as the left have withdrawn support.
The nuclear deal is the much debated issue.
Signing the deal will being benefits to the country.
This is the manifestation of the ruling party.
The larger cross section of the society votes for this deal.
The governments continuance is at jeopardy.

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