Will inflation be negative in India??
January 29, 2009 2:35am CST
Hey guys as i was watching TV yesterday or so...the news channels were saying that the inflation will come down all the way to the negative figures. Do you agree with that?? If yes than what are the effects of the negative numbers. How we gonna sustain the growth rate in the economy?? If no then why??
29 Jan 09
ha ha ha ha ha lol dear nikhil it is all Election stunt and nothing else , to get vote goverment is taking artificial measures to cut inflation after election it will jump back like anything , this is my opinion about such news ,do you agree with my opinion
31 Jan 09
Thanx for reply Ganesh....may be you are right but as the world economies growth rate is decreasing and the growth rate in India is also decreasing and the prices of everything is going down due the credit crunch and to add to it we have huge amount of job cuts which also reduced the spending capacity of many individual. Than how we gonna sustain the growth rate in the economy???
14 Feb 09
yes offcourse growth rate will definelty decrease due to global economic slowdown especially in US it will take some time to be back on track but yes in election days we will notice an artifical type of economic strngth in Indian economy created by the indian goverment to win elections lol