@lists.goanet.org
Sent: Friday, 8 June 2012 6:49 PM
Subject: [Goanet] India’s slowdown
Farewell to Incredible India Bereft of leaders, an Asian giant is destined
for a period of lower growth. The human cost will be immense
A slower growth rate for India, may mean good news for Goa with slower
development (less mining, less mega-projects, less casinos). Although the
article says a slower growth rate means fewer people coming out of poverty,
keep in mind, India's recent boom did not lift 300 million people in
Farewell to Incredible India Bereft of leaders, an Asian giant is destined
for a period of lower growth. The human cost will be immense
Jun 9th 2012 | from the print edition
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IN A world economy as troubled as today’s, news that India’s growth rate
has fallen to 5.3% may not seem