Sign In / Register
Make This My Home Page | Feedback |RSS
Channels Astrology | Cricket | Tenders | Classified | Blogs | Shopping | Opinions | Hotel| Travel
You are here: IE »   Story » Comment »

Industrial output grows 2.7 pct in May

New Delhi: Showing signs of economic recovery, industry grew 2.7 per cent in May though the growth is much lower than the 4.4 per cent recorded in the corresponding month last year. Manufacturing sector output during May rose by 2.5 per cent, while the mining sector and power generation grew 3.7 per cent   ....Read more

Comments
Post comment
1 Comments |
2.7% Growth Good News But .....By: THDSINGH | Friday , 10 Jul '09 23:21:53 PM Reply | Forward It is good news to see 2.7% growth, but our biggest problem is the lack of infrastructure growth compared with that of China. During a recent conference of German companies in Bavaria, the attendees pointed out that "China’s ability to bulldoze through bureaucratic obstacles to create a modern infrastructure of highways, power systems and digital networks, India comes up woefully short. And the costs are high." This is the fact. Since, the parasitic effect of bureaucracy becomes obstacle to our growth, the Government must act urgently to bulldoz these foes to our progress. China has already laid claim over Arunachal Pradesh and other borderline disputes still remain unresolved. If we fall behind due to obstacles created in development of infractures so desperately needed to compete with China, bureaucrats will bear the responsibility. Hopefully, bureaucracy will understand their patriotic responsibility and help develop infrastructures so that India becomes economically stronger.
Post a Comment
Name:
Email:
Title:
Maximum characters allowed     
Comment:
TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.