govt to cut defence spending?

[ares]

India Q4 growth at 6.2% would be disappointing: Moody’s

India's economy slowed sharply through the second half of 2011 as policy missteps and a weak global environment weighed on growth”
India Q4 growth at 6.2% would be disappointing: Moody


India HIGH Inflation, HIGH trade deficit, High Inflation, Pls cut defence spending as soon as possible, Go Action!

Economic growth revised upwards to 7.1 percent

Inflation is at a 2yr low.

Trade deficit is made up by remittances ..thats is why Forex shows an upward trend.

Defence budget is likely to br frozen this yr because every yr armed forces surrender a hefty unspent amount ie their budget is more than, what they can spend..but that surrendered money can not be invested for any other project as it is already too late into the FY.

 

[lamlap]

Economic growth revised upwards to 7.1 percent

Inflation is at a 2yr low.

1. is EXPECED 7.1% ok?? not the final result ( u guy big mouth misses target all the time)

2. Inflation still around 7%, 2 year low due to HIGH BASIC EFFECT (about 10% the same period last year)

wake up

 

[lamlap]

The latest reuter poll

India's GDP grew at an annual 6.4 % in the quarter ended December
domain-b.com : India's GDP figures likely to disappoint: analysts

 

[airuah]

nothing to worry actually....wat the news says is that the defence budjet is being reduces for the current year that ends by march31, 2012...which means the next budjet will be in place in april 1 ....thats like a 1 month delay....nothing more

 

[Aryavart]

He said "As a proportion of GDP", and he was right.

--------------------

when we take info from net , its says: NET : Not Entirely True

check this one chinese guys:

As of 2010, the Indian Armed Forces have a combined strength of 1.32 million active personnel and 1.15 million reserve personnel. In addition there are 2.28 million paramilitary personnel making it one of the world's largest military forces in terms of personnel.[5]
The Indian defense budget was US$36.03 billion during FY2011, at about 1.83% of GDP,[2] with additional spending on infrastructure in border areas and for paramilitary organizations.[6]

The same source that u took refrence
Indian Armed Forces - Wikipedia, the free encyclopedia

 

[ares]

1. is EXPECED 7.1% ok?? not the final result ( u guy big mouth misses target all the time)

2. Inflation still around 7%, 2 year low due to HIGH BASIC EFFECT (about 10% the same period last year)

wake up

Why have you taken upon yourself to be the buffoonish court jester?

Offcourse it is a prediction since we are still in Q4 of FY 2011-12..isn't your link a prediction too??
Inflation stands at 6.4% which is 26 month low ..food inflation is -ve..Inflation at during same period last yr was around 8%.

Do you even understand the principle of Base effect.
Base effect applies to every inflation figure weather low or high when compared to same period last yr.

 

[ares]

The latest reuter poll

India's GDP grew at an annual 6.4 % in the quarter ended December
domain-b.com : India's GDP figures likely to disappoint: analysts

Again you speak of what you do not understand..What reuters is giving a growth rate for last quater of calender yr 2011..but what what other economist are predicting is growth rate FY 2011-2012..and we are still on Q4 of FY 2011-2012.

 

[Archie]

Ok guys no need to reply to lamshit
He has to troll so that he can feed is 3 illegal Kids
He is one of the 3 paid chincise troll on this forum
He is going to earn 3 RMB for each post , so please dont make it easy for him to troll

---------- Post added at 12:17 PM ---------- Previous post was at 12:15 PM ----------

Ok guys no need to reply to lamshit
He has to troll so that he can feed is 3 illegal Kids
He is one of the 3 paid chincise trolls on this forum
He is going to earn 3 RMB for each post , so please dont make it easy for him to troll

 

[T90TankGuy]

lamp is Mr javed from pakistan . its just one of his many ID . ignore him .

 

[lamlap]

India's GDP sharply drops to 6.1%

29 Feb 2012

(Latest bad News) "Today's data is dismal, and the full year's growth at 6.9% looks difficult. said Rupa Rege Nitsure of Bank of Baroda."


India GDP growth slows to 6.1% in December quarter

BBC News - India growth drops to slowest in nearly three years