Economic growth - queries and concerns

Recently the Central Statistics Office (CSO) has published a listing of growth and TamilNadu is first from the last in the list. Bihar has topped the list with a nearly 11% GSDP (Gross State Domestic Product) growth. Gujarat once the engine of growth has stood at 6th place with a 8% growth. TamilNadu registered a 3.4% growth. Bihar has overtaken most of the industrialized States in growth. Political motive cannot be attributed as it is a fact that “the CSO never seeks political approval for any of its reports. Even the Prime Minister need not be provided with any data before it is made public.”

Gold Quest of UPA II

With the title I'm not referring to the dubious company which asked for  Rs. 30,000/- initial investment and some MLM. In turn it offered a gold coin and a promise of a million rupees in due course if you get more people in to invest Rs. 30,000/-. The weird thing is when busted the legal advisor of the company turned and offered to take up the case of the aggrieved people. The case nor the fraud was heard of thereafter. The legal advisor was none other than Nalini Chidabaram, wife of Mr.P.chidambaram, Hon'ble Finance Minister of India.

Indian Economy in 2012 - Nothing to base hope on.

We have had a tumultuous calendar year that ended yesterday. The UPA II Government had projected a GDP growth at  7.6 (+/-0.25) %for FY'13. Chief economic adviser Kaushik Basu was confident about 9% growth but was worried about the impact debilitating politics would have on the economy.  With a projected GDP growth of 9% in 2011-12 and ending up with 6.9%, the start of the FY 2012 -13 was upon an established lie. We didn't have any analysis on why we missed the forecast of 9% growth in 2011-12 and what exactly are going to do to achieve the >7% growth as projected.  (Economic survey 2011-12)