NewsX@9: GDP growth falls to 5.3% - NewsX

NewsX@9 is a NewsX special show which debates the main news event of the day. In the face of adverse global environment and domestic woes arising out of high interest rates and policy inaction, the GDP growth slipped to 6.5 per cent in 2011-12, the worst in nine years prompting some analysts to describe Indian economy as a "gasping elephant". For the quarter ended March, 2012, the economy expanded at 5.3 per cent, again the slowest since 2002-03. So we debate the question today-Has the government's political failure ignited economic failure? We debate this question and try to evolve consensus among our panelists over the issue.
For more log onto - http://alpha.newsx.com