India's Economy Continues To Expand at Slow Rate
Slowdown in mining and construction blamed
India's economy continues to slowdown according to the latest government figures.
For the April-to-June quarter, it grew at a rate of 4.4%, compared with the same period in the previous year.
It was a weaker performance than most economists had been expecting and was a slowdown from the first three months of the year, when growth was 4.8%.
A contraction in mining and manufacturing activity was behind the slowdown.
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To alleviate poverty in India, governance must be 'really' decentralized. Every state in India should have their own Currency.
http://ibnlive.in.com/news/836.....645-7.html