Q.
Can we expect fall down of market before or after budget
Asked by hari nadham,
02 Jun '09 10:22 pm
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Answers (4)
1.
People are expecting fall in prices of commodities because the new government has been given full majority and there is no pull and pressure from coalition partners like left front.
Just before election the same congress party leaders, economists and high profile journalists were of the view that India did not suffer much on account of global recession only because UPA could not go for full scale disinvestment under the pressure of left parties. It is also said that great economists like Manmohan Singh and Mr. Chidambaram could keep India decoupled with global recession. This achievement of UPA is said to be the cause of rise of seats of Congress Party in the Parliament. But it astonishes that the UPA government now talking of large scale reformation, speedy disinvestment and more and more power to private sector. And if UPA really succeed in what media is projecting and what congress leaders has been promising after becoming minister I have no doubt that prices of all commodities wi ...more
Answered by Danendra Jain, 03 Jun '09 06:46 am
Just before election the same congress party leaders, economists and high profile journalists were of the view that India did not suffer much on account of global recession only because UPA could not go for full scale disinvestment under the pressure of left parties. It is also said that great economists like Manmohan Singh and Mr. Chidambaram could keep India decoupled with global recession. This achievement of UPA is said to be the cause of rise of seats of Congress Party in the Parliament. But it astonishes that the UPA government now talking of large scale reformation, speedy disinvestment and more and more power to private sector. And if UPA really succeed in what media is projecting and what congress leaders has been promising after becoming minister I have no doubt that prices of all commodities wi ...more
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