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Govt will spend big, pump-prime the economy: Dr Singh’s prescription

On Board PM’s Aircraft, October 25: Prime Minister Manmohan Singh said today that the government would undertake large-scale public expenditure in infrastructure, both physical and social, to sustain domestic demand and beat the blues of a powering down of the Indian economy. This, together with copious fund flows from multilate ....Read more

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Boosting growth in IndiaBy: gnsetty | Sunday , 26 Oct '08 9:32:28 AM Reply | Forward With all due respect to our PM,his prescription is good if it is implemented quickly to deliver results.In India we are good at stating goals and objectives but NOT in implementing them.India being India,this will never translate into what we wanted because of BABUDOM,leakages and widespread corruption.What is more likely to generate a quicker boost to growth ? All Indian States must meet to reduce stamp duty on land / property deals to 1 % ( as China did ) or waive it for a period of 3-5 years with projected revenue loss being borne by the Centre which will benefit from increased GDP growth.Drastically reduce excise

Pm By: ananthan | Sunday , 26 Oct '08 5:56:36 AM Reply | Forward last4 years PM has solved house, water land needs of all men. All taxes were siphoned off without benefit to future.this is i a gloden oppurtunity to siphon off all left overs in election year.Not 1scheme was honest, beneficial. Long live serial lies.We are waiting to see if any thing will come out/ God save us from caste,religion,hypocrites, liars,fakes.

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