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Wednesday, June 11, 2008

Inflation becomes the enemy of Indian Economy

When PM ,FM ,economists assured the people that we are on right track on the growth path we made to believe it.But now ,suddenly growth rate seems to take slow pace for what ever reasons. Global oil crisis is one of them. It is main source of energy. Global food shortage is another one. The world has forgotten farm industry. The real estate sector take the toll directly on the farm industry.The farming community should be assured of profits otherwise they are ready to sell their land for what ever price profitable to them.
Indian politicians should never forgot that farmers are the real pillars of the economy and they sholuld be protected at any cost.If we remember during pokran research,India was able to survive the west nations economic sanctions,only beause it did have enough food production in the country.
So, one must remember,abundant food production will always save the nation , not high rise buildings and huge bridges .Inflation will also be under control. Produce more elcetricity, more ethanol to reduce oil needs.

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