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looking beyond borders

foreign policy and global economy

Written by lookingbeyondbordersSeptember 4, 2013

Fast Rewind To 1991?

With the value of the rupee plunging to new lows, the current account deficit at an all-time high and inflation running at nearly a ten-percent annual clip, India is in serious economic trouble. Indeed many are beginning to wonder whether the country is edging toward a replay of the events in the summer of 1991.

Read Here – The Diplomat

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Posted in India.Tagged Asia, current account, economiy, Federal Reserve System, Government, India, Manmohan Singh, Politics, Reserve Bank of India, Run batted in, rupee, Sonia Gandhi, subsidies.

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