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Sunday, November 8, 2009

Fits And Starts.

A lively exercise is being deterred by inflation.
A systematic progress declines due to poor monsoon.
India's recovery is seen in fits and starts.
India's slow recovery gets marginalised by fiscal deficit.
Social commitments and infrastructure development ,has got affected by this dormancy.


The disinvestment policy of the government to sell its stakes in Public Sector units,will give a surplus revenue of 250 billion rupees.. The government proposes to deploy the amount in social sectors.
The government has borrowed Rs.4.51 trillion, to und its record deficit.

The communists are against the disposal of governments shares.
A wide spread agitation by the communists is expected.

One remarkable feature, that propounds cheer, amidst slight gloom, is that the manuacturing industry is doing well and exports are growing.

So far so good.

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