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RE:Where are those other issues related to common man
by AK on Jul 13, 2008 11:58 AM

Major issue today is Inflation. Most of this is caused by fast & over expansion of Indian economy and belief among everybody that it will continue on the same path. Second major cause is the price of crude.

On the first count, interest rates have been raised, making people rethink about buying things on credit. That will lead to decline in demand leading to decline in Industrial output. Industrial growth in the last Quartyer was the lowest in 6 years. This will lead to overcapacity and reduction in prices as companies compete with each other for the same market. Case in point Mobile Phones and Airline Industry.

This forum is on nuclear deal so that is the discussion here.

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Interests protected in IAEA deal: UPA