A basis for the budget

Wednesday, February 10, 2010

India's high growth decade

Managing Debt

77% incl States, more than 50% of the GDP in the Central Budget

Reducing Deficit

7% and unlikely to get down from here for some time, it's a hard stop

Expensing on Welfare

Spending on Job creation, Sponsoring infrastructure creation,
market building, subsidising exports/imports..we have all heard it now
( even in the US). Hoping for private Sector bounce back, It's all
there..PIIGS, Germany, USA, India, China, Australia...

Sponsoring Reforms

FRBM, Bank Reforms, Building lasting Institutions

Irrelevant: What we are telling you also is that the US is
also on a high growth path in the new decade because of the hidden
role of these two enablers above? Unproven, Churlish and no, it just
ain't true. Not like that. But Reganomics for the US, Defcit Financing
and Printing for the New Markets..is a proven starting point.

Posted via email from The investment blog on Post

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