Thursday, November 5, 2009

India's Economic Growth

India’s economy grew 6.1% last quarter, igniting hopes that its economy is emerging from the global financial crisis.
However, an unusually dry monsoon season is threatening to stop this rebound before it even starts.
You see, about one-fifth of India’s GDP comes from its agriculture sector… and that sector is dependent on monsoon rain.
But, this year, that rain hasn’t come. Rainfall has been 29% below average this summer.
Will India’s economy be able to continue its rebound without the rain?
plz comment on it..
Thank you

Nitika
PGDM-3rd sem
sec-B

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