ravi1967

The Credit Crunch Creeps Up on India

india is growing onlt due to government spending on infra- 4 laning of national highways, new airports etc. only person earning money is the politician with the contractors getting their share. the common man is being made to pay through his nose. high food prices and inflation is eating into the savings.i am a citizen of india and earn about 20000 rupees per month pre tax and this is not sufficient to make my end meet.so beware of the growth story as it is only on paper.Many malls are empty and new ones will not find takers as consumers will not have money to spend on non food items.Long live INDIA with 7% growth.Funny on paper but being back to reality?