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Old March 5th, 2007, 07:00 AM
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Re: 2007 India Budget

Quote:
Originally Posted by rameshp
I agree with you that it is against free market policy to make private companies roll back prices but then how else can an inefficient govt. such as GoI control inflation? esp. in a country like ours where 300 crores of ppl live below poverty line, it is sometimes necessary for Govt. to make such moves. It is really unfair for those private companies but if inflation increases further, the govt. cannot guarantee its survival!


i guess indian population is around 100 crores....
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