India: Economy
ECONOMIC POLICIES STILL PRO-BIG BUSINESS
HIGHER INFLATION HITS THE POOR
2009-11-14 10:07
-
The promises of revival of economic growth by the UPA government leadership are devoid of conviction as well as credibility. This is evident from the growing fiscal deficit and foreign debt under its dispensation. In a desperate bid it has decided to sell the shares of profit-making public sector undertakings to raise funds for providing “stimulus†to private corporations, both Indian and foreign, and open the door l wider for the multinational corporations.