See The Statesman 5 Mar 07,page 6,column 6
There will be Hyperinflation in the years 2008,2009 and 2010.
Central Govt has a stock of public debt in India more than
Rs 30 lakh crore.If you take the debt amount of states it will be increased by another 6000 crores. The external debt is more than
the foreign exchange reserve of 185 billion dollars.The economic
situation is grim and a monetary collapse is possible.
2007-03-04
17:10:01
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2 answers
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samiran_bandyopadhyay
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Business & Finance
➔ Other - Business & Finance