How India nearly had to go to IMF with a begging bowl last Aug

vram

Regular Member
Joined
Sep 25, 2011
Messages
368
Likes
592
Country flag
How India nearly had to go to IMF with a begging bowl last Aug | Firstpost

Read the article guys ..

According to a report in The Economic Times today (14 January), Petroleum Secretary Vivek Rae has said the high oil prices have pushed India to the brink of an energy crisis and the country may be close to the situation where only an IMF loan can save it.

The country's yearly oil import bill is pegged at about $100 billion. Software exports and NRI remittances bring in about $120 billion, which balances the outflow on account of oil now, Rae has said.

""¦We are lucky and fortunate that the shale gas revolution has helped to stabilise to some extent international oil prices," he has been quoted as saying in the report.
But this idiot does not even say one word about the NREGA ,the food bill, the free medicine bill in Rajasthan, not to mention Jayanthi natarajan's green terrorism....and all other kinds of nautanki by the UPA sarkar. wah MMS wah!! (Slow clapping)

If UPA or kejriwal for that matter wins the next term...then god help all of us...
 

vram

Regular Member
Joined
Sep 25, 2011
Messages
368
Likes
592
Country flag
Quite strange....This article has been removed from the main page very fast. We have a article bashing the sardar patel statue in its place...hmm me thinks quite convenient.
 

Latest Replies

Global Defence

New threads

Articles

Top