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RE:INDIAN ECONOMY
by Murthy on Apr 30, 2007 08:26 AM



You are a fool who probably lives in a fool's paradise.

Japan, Germany, European Union all exported their way out to prosperity. Why is simple thing not getting in your head that export jobs may 3 to 6 times more in salaries and THESE PEOPLE PAY HIGHER TAXES and buy more goods than average stimulating entire economy.

In 80s exports were paltry at under $5 billion against $100 billion now, and growth rate was 2%-3%

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The great Indian rupee trick