Tuesday, October 21, 2008

Indian economy enters recession

India has already entered a recession . It is how we define it , how we see it and when we accept it. It is a matter of choice and nothing else. We must accept the harsh reality about the state of Indian economy. Industrial production has slowed down, unemployment is increasing, rather retrenchment is happening at a hectic pace, consumer sentiment is negative, stock markets are crashing and moreover, the government has put the economy on the ventilator by dong repo rate cuts etc.

All this clearly indicates that India has entered a phase of recession. The earliet we accept and start working , the better prepared we will be to survive the same

email me @: mail@rajendragupta.org cell: 09323109456 / 9867300045

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