Indianexpress.com : comments : Economic survey upbeat, predicts 7 pct growth

Economic survey upbeat, predicts 7 pct growth

New Delhi: Recommending an end to all cesses and surcharges on taxes, and free pricing of fertiliser and fuel ahead of the Union Budget for 2009-10, the Economic Survey suggested aggressive disinvestment and financial sector reforms to bring the economy back to high growth track. "Review and phasing out o ....Read more

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8 Comments |

economic growthBy: subbarao | Friday , 3 Jul '09 2:16:52 AM Reply | Forward Dear Sir: Economic growth of 10 % in India means 20% destruction of the country of its natural beauty, 30% abuse of natural resources by those involved in the projects and 70% opportunitiy for persons initialed and completed the projects to make money for themselves.

Will India grow at 7 pcBy: jayaprakash | Thursday , 2 Jul '09 21:58:58 PM Reply | Forward After considering all these hike in petrol prices and taxes. will India grow at 7 per cent for the fiscal year.. or not... Moreover the hike in price of petrol is just a sample of increase of price hike.. but they are more hike in price which is yet to come...

Nothing wrongBy: arun kumar | Thursday , 2 Jul '09 17:46:41 PM Reply | Forward This will reduce consupmtion of fuel - subsequently will reduce our import bill, this money could be used for other devlopmental works.

very sadBy: lagesh | Thursday , 2 Jul '09 17:44:14 PM Reply | Forward rulers again forget our country is a 60% agri dependend

Good MoveBy: Jacob Mudanthangili, Boston | Thursday , 2 Jul '09 17:22:56 PM Reply | Forward Disinvestment is the best option for India's growth. Encouraging competition will encourage companies to provide best service in an affordable price. It will also help the tax payer. Raising fuel charge is not a sin but distributing it cheap is. It not only encourage people to burn more oil and increase environmental pollution. Public transportation is the key of saving energy and Indian Railways deserve great credit for providing cheap transportation to our people. Investments in public transportation will be a great service to our next generation. Hope railways will get more money in next budget for modernization. Don't blame governments for looking for new avenues of taxing. It is necessary to fund government programs and projects. Borrowing from international financial institutions and spending for social welfare program is an old story. We have to find our own tax money to serve our people and implement developmental projects.Seven percent growth is very ambitious.

how much is justified??By: mohit | Thursday , 2 Jul '09 17:06:20 PM Reply | Forward I disagree with youI think petrol prices should be completely deregulatedwhat do you mean by unjustified petrol hikepetrol prices should have risen by 5 rupees instead they were raised by 4 rupees and government takes a hit of 1 rupee. That 1 rupee is tax payers moneyfuel prices should be determined by market forcesare you even aware that price of petrol is currently $71 a barrel while couple of months back it was only 40 usd a barrel

Hike in Petrol/Diesel pricesBy: ramesh k | Thursday , 2 Jul '09 15:39:13 PM Reply | Forward It is very much evident how biased you are IE, that you have not even heard of the unjustifiable fuel hike! Now that the elections are over, congress can fool the public, and you have not even hear of the fule price hike! Instead you are giving the headline for your own prediction of economic growth! Biased for ever, Indian Express! I know you will not dare to publish this! Becasue it is so shameful for you!

Not to worry..By: Madhumita Chakraborti | Thursday , 2 Jul '09 15:50:52 PM Reply | Forward The next move by the Congress government would be to invite FDI in Parliamentary system of governance.