Thoughts on The Double Digit Growth Rate

March 5 2010No Comments

Categorized Under: Uncategorized

Double Digit real growth rate of  10 % and a nominal growth rate of 18 % does not mean a great relief to nearly 80 crore Indians whose earnings are less than Rs. 20 per day. The per capita growth at the above level translates to just Rs. 30 or odd for the 115 crore citizens of India. So let’s stop tom-toming double digit growth rate and look out for a real-time solution to give relief to the vast majority of common people.

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