We will survive
13 September 2012
In the middle of a global recession, India is bullish. So how is the country weathering the storm and enjoying strong performance in many sectors of its economy?
In his 2002-03 Budget speech in February, India’s Finance Minister, Shri Yashwant Sinha, emphasised that the fundamentals of India’s economy remained strong, despite the hostile economic and security environment of 2001, the Gujarat earthquake, September 11 and the Parliamentary attack in Srinagar. He predicted growth of about 5.4 per cent overall this year and noted...