* Chidambaram: See ‘First Green Shoots’ of Recovery

WSJ: “India’s finance minister said the “first green shoots” of the country’s economic revival are evident but growth isn’t expected to surpass 5.7% this year, the bottom end of the government’s revised growth target.

English: India's Minister of Finance Palaniapp...

English: India’s Minister of Finance Palaniappan Chidambaram is the special guest at a plenary session titled Risks to India’s Economy in a Post-Crisis World held at the World Economic Forum’s India Economic Summit 2008 in New Delhi, 16-18 November 2008. (Photo credit: Wikipedia)

In Hong Kong to meet investors ahead of the budget presentation for fiscal 2013, P. Chidambaram told reporters that growth next year should be in the upper ranges of the 6%-7% target and that the economy should return to its potential growth rate, around 8%, by the following year.”

via Chidambaram: See ‘First Green Shoots’ of Recovery – WSJ.com.

One Comment to “* Chidambaram: See ‘First Green Shoots’ of Recovery”

  1. hemen parekh's avatar

    Sack the Experts

    Sack all experts,

     Economic Experts

     Management Gurus

     Financial Advisors ……..etc

    Sack them for misleading people , companies , countries , by advising :

    • Spend to grow economy

    • Spend more than your income

    • Borrow in order to spend

    They deliberately chose not to state publicly,

     Don’t save for tomorrow

     Borrow – without worrying to repay

    Following their advice , individuals , companies and even countries in the West , are going bankrupt
    But the experts are unrepentent !
    Having ruined the western ecomomies with their advice , now they are planning ( or is it, “ Scheming “ ? ) to revive these by advising the developing countries,

     Buy more from West – mostly arms and machinery

     Create a consumer economy ( Walmart, etc )

     Borrow beyond your means – create huge public debt

     Forget all about high Savings Rate – give Credit Cards to all

     Just keep printing currency notes

    While preparing his next National Budget , I hope Mr Chidambaram will sack the experts and listen to the common man on the street

    His only expectation from the budget is a JOB !

    With regards

    hemen parekh

    http://www.CustomizeResume.com

    Jobs for All = Prosperity in India

    Like

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