Sunday, December 16, 2012

Remove Bottlenecks...



Article;

http://economictimes.indiatimes.com/news/economy/indicators/indian-economy-may-beat-expectations-in-2013-goldman-sachs/articleshow/17542523.cms


Comment;

If infrastructure and supply side bottlenecks were not there the chances are that the economy had grown with a growth rate equal to the rate of inflation, i mean 7-7.5%. Because inflation is also an index of increase in consumer spending even if it is under compulsion, read price-rise. The higher (rational) the inflation target set by an economy or the actual inflation the higher the growth rate probably it can achieve.


No comments:

Post a Comment

The Precarious Precipice: A Critique of Economic Foresight, Policy Shortcomings, and Leadership in India's Current Crisis.....

In a recent address to Parliament, Prime Minister Narendra Modi drew a stark parallel between the unfolding challenges posed by the escalati...