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Feb 25, 2010

Double Digit GDP Growth for Indian Economy : Economic Survey

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Business News : In coming two to three years, the double digit growth is possible for Indian Economy, the Economic Survey. There are strong market fundamentals and the economy is heading toward complete recovery from the clutches of global slowdown. The Economic Survey also indicates that the food inflation is there biggest challenge is ahead for the economy. The food inflation is reach also most to 18 per cent and would rise if the mechanism taken by the government would not successful.

The price of sugar if taken into consideration then the opposition party voice in Parliament is proper and on time. The pinch of the food inflation is being felt by the people. May the poor Public Distribution System (PDS) be the major reason but the imbalances in the import and export of essential goods thus major reason as well.

The Economic Survey Report would good enough the boost the confidence the interest of investors in the stock market. But it is the finance minister who'll guide the interest of investors and market reactions with his upcoming Union Budget on Friday in Parliament.

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