Factsheet At First Half

Factsheet At First Half
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A Few Pats On The Back

  • Growth rates are zooming, and manufacturing is in a tearing hurry to catch up

  • Unproductive spending is under control. So is inflation, and the year may end well under 5 per cent.

  • Exports and non-oil imports going up at record rates, and even a $50 million trade deficit seems okay

  • Job scheme, if a success, will be the greatest political strategy for the Congress

...And A Few Raps

  • Industrial growth (IIP) is slowing, delayed oil price corrections hit government and oil companies
  •  
    FRBM targets frozen, welfare plans to pressure fisc till 2009

  • Flexible labour market still a long way off; power sector reforms untouched
  •  
    Education schemes galore but real education neglected

  • Health scores deplorable, child mortality rate one of the worst in the world
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