Is govt’s policy paralysis responsible for country’s slipping growth?

adity

adity Srivastava | June 1, 2012



India's growth rate fell to its slowest pace in almost a decade. Country’s Gross Domestic Product (GDP) grew at a mere 5.3 percent in the January-March (fourth quarter of the financial year). The growth is lowest since 2003.

While the government says the downtrend in economy is imported and the worst is already over, experts and the opposition blames government’s own policy paralysis for the mess.

What do you think? Is government’s policy paralysis responsible for the country’s slipping growth? 
 

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