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At the end of 2009-10 India's nominal gdp was 1.45 trillion $. At the end of 2010-11 ,India's nominal gdp was 1.7 trillion $. And at the end of 2011-12 our nominal gdp is around 1.6 trillion $.
Congress under the guidance of Sonia, NAC and a puppet PM made sure the money that should have been spent on building roads,Ports,power plants were given to the people for digging up holes and gardens all over the country. The result is there is no productive asset to show and thus huge inflation.
A small note for Indian business community : Please step up your expenditure on R&D . And try to export something. Companies like Maruti Suzuki, Hero Honda who don't have even proper technology of theirs and send royalty worth 2500 crores to Japan annually, kindly tie with some IITs . You won't survive longer with rupee depreciating .
Congress under the guidance of Sonia, NAC and a puppet PM made sure the money that should have been spent on building roads,Ports,power plants were given to the people for digging up holes and gardens all over the country. The result is there is no productive asset to show and thus huge inflation.
A small note for Indian business community : Please step up your expenditure on R&D . And try to export something. Companies like Maruti Suzuki, Hero Honda who don't have even proper technology of theirs and send royalty worth 2500 crores to Japan annually, kindly tie with some IITs . You won't survive longer with rupee depreciating .