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Sunday, October 19, 2008

What is the Impact Of Financial Cricic In India


There is no 2 option left that there is financial cricis going out all over the globe. This is very true and it cannot be tolerated. But certained with this truth there is one more truth that due to Interference of goverment in financial sector and in banking sector, India is not that much affected by this cricis with respect to other nations. The base of indian Finance and its ministry is really strong. World Bank and Currency department said in there surveys that however there is so much crash in market but still india will have theer groth rate more than 7.98% in the year 08/09. And also some of the other specialist says that tha Growth rate can reach above 8.5%. Nearly about 20 years there has been a great rainfall in our country due to which the scientists have prospected that the agricultural geoth will be 10% more than the average growth this year. There is still enough currency liquidity in the indian Banks.

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