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Predicting the future of India's Economy

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I am curious about anyone who has looked at the mundane chart for the future

of India.I recently read a rather pessimistic evaluation of the Indian

economy.Despite a huge pool of labor,a good educational system,a thriving

information industry,the growth rate of 6 to 7 percent for the last 7 years,a

growth in software exports from $50 million in 1993 to $6.3 billion last

year,the illiteracy rate is still roughly 50%,the communiction

system,transportation,and energy systems are in very poor condition.Yearly

budget deficits of 10% every year.Foreign investment avoids india due to

import tariffs,red tape,a government which lacks the stability to keep its

promises.Since 1991 India has managed to attract only $23.7 billion in

foreign investment,while China attracts that amount in 6 months.Government

subsidies account for 14% of GDP.I look forward to your learned comments on

the future of India. Dave

 

 

 

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Dear Dave,

 

Apparently I missed this mail earlier, hence the delayed response.

 

Without going into the facts and figures quoted by you I would like to

mention that the financial future for India is bright. This is based on the

chart for Indian Independence, i.e. 15.08.1947, 00:00 hrs at New Delhi,

India. Current Vimshottari dasha is Venus Jupiter and the Jaimini Chara

dasha is Cancer Aries.

 

I will be glad to discuss it in further details should it be of interest.

 

Best wishes

 

Anshu

 

-

<DaveBirr

<gjlist>

Monday, 23 April, 2001 07:29 PM

[gjlist] Predicting the future of India's Economy

 

 

> I am curious about anyone who has looked at the mundane chart for the

future

> of India.I recently read a rather pessimistic evaluation of the Indian

> economy.Despite a huge pool of labor,a good educational system,a thriving

> information industry,the growth rate of 6 to 7 percent for the last 7

years,a

> growth in software exports from $50 million in 1993 to $6.3 billion last

> year,the illiteracy rate is still roughly 50%,the communiction

> system,transportation,and energy systems are in very poor condition.Yearly

> budget deficits of 10% every year.Foreign investment avoids india due to

> import tariffs,red tape,a government which lacks the stability to keep its

> promises.Since 1991 India has managed to attract only $23.7 billion in

> foreign investment,while China attracts that amount in 6 months.Government

> subsidies account for 14% of GDP.I look forward to your learned comments

on

> the future of India. Dave

>

>

>

>

>

>

> gjlist-

>

>

>

> Your use of is subject to

>

>

>

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