sep 27th, 2011 CE
and former FM chidambaram expects to stay out of jail, too. actually i thought he expected to be FM-for-life.
famous last words.
---------- Forwarded message ----------
From: Ram Narayanan
Date: Fri, Sep 23, 2011 at 10:02 AM
Subject: INDIAN FINANCE MINISTER EXPECTS INDIA TO SUSTAIN 8-9% GROWTH OVER NEXT 30 YEARS
To:
... deleted
From: Ram Narayanan
Date: Fri, Sep 23, 2011 at 10:02 AM
Subject: INDIAN FINANCE MINISTER EXPECTS INDIA TO SUSTAIN 8-9% GROWTH OVER NEXT 30 YEARS
To:
http://www.indiainfoline.com/Markets/News/India-can-sustain-8-9-percent-growth-over-next-30-years-FM/5249280575 India can sustain 8-9% growth over next 30 years: FM India Infoline News Service / 18:26 , Sep 22, 2011 Indeed, we seek your engagement in all aspects of economic activities in India, and likewise look for similar engagement for Indian enterprise in this land of opportunities. Following is the text of the Address of Union Finance Minister Pranab Mukherjee at USIBC-FICCI Round Table Meeting at Metropolitan Club in New York,USA on 21st September, 2011.
“I am extremely pleased to be here this evening and have this opportunity to share some thoughts with investors, business leaders and industry captains of the two countries and the global community. Indeed, we seek your engagement in all aspects of economic activities in India, and likewise look for similar engagement for Indian enterprise in this land of opportunities. No country has been immune to the contagion from the fallout of global financial crisis in 2008. Though the economic downturn was moderated and growth resumed in the second half of 2009 in most economies, the pace of recovery remained uneven. Advanced economies grew more slowly than before, while emerging economies like China and India led the way, with Latin America and Africa following closely. It appeared that policy makers had learnt their lessons from history by honing and harmonising the use of macro-economic policy and keeping markets open. At the same time, countries in the developed and the developing world adopted revival strategies, in keeping with the needs of their respective contexts, though with varying degree of success.
“I am extremely pleased to be here this evening and have this opportunity to share some thoughts with investors, business leaders and industry captains of the two countries and the global community. Indeed, we seek your engagement in all aspects of economic activities in India, and likewise look for similar engagement for Indian enterprise in this land of opportunities. No country has been immune to the contagion from the fallout of global financial crisis in 2008. Though the economic downturn was moderated and growth resumed in the second half of 2009 in most economies, the pace of recovery remained uneven. Advanced economies grew more slowly than before, while emerging economies like China and India led the way, with Latin America and Africa following closely. It appeared that policy makers had learnt their lessons from history by honing and harmonising the use of macro-economic policy and keeping markets open. At the same time, countries in the developed and the developing world adopted revival strategies, in keeping with the needs of their respective contexts, though with varying degree of success.
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1 comment:
Heh, growth without infrastructure, eh?
Gravity-defying growth?
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