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RE:We can use this opportunity
by RajneeshChandraMohan Jain on Jul 26, 2007 06:52 PM
Unlike 90s India's foreign debts are minuscule as a percentage of GDP.
In 80s world bank debt was so huge that India had to dance World Bank's stupid economic policies.
Compared to the India's forex reserve of 225 billion foreign debts are less 5 billion dollars.
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