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lightoftruth
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The economist report and cobrapost sting reviving babri issue on the same day. ........3 days before polls in assam .AMAZING
Soumitra
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What exposed. Everyone knows these allegations since 1992. Koi nayi baat batao
Against Sonia Gandhi there is no AAP candidate. Against the hero of 2G scandal no AAP candidate. Against the son of our great finance minister P Chidambaram - no AAP candidate. Against Mr Salman Khurshid who ate the money of poor handicapped people - no AAP candidate. Against Adarsh scam legend Ashok Chavan - no AAP candidate. Against Owais Siddiqui who is popular for his hatred speech against Hindus - no AAP candidate. Now you should judge whether Mr Kejriwal & his AAP group is fighting against corruption and anti national elements or working agents of Congress to divide votes of BJP..Jaago... Still its not too late..
they have been revoked, you will soon see the effects Mr 272
SpArK
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IMF blames UPA for economic slowdown
IMF says India’s growth issues largely due to internal factors, warns of further decline if problems not addressed
APR 04 2014.
New Delhi: The International Monetary Fund (IMF) on Thursday said that the slowdown in the Indian economy was largely due to internal and not external factors, punching a hole in the oft-repeated claim of the government that global factors beyond its control were to blame.
It also cautioned that growth would decline further if the drag caused by internal factors in some emerging market economies since 2012 is not addressed.
The fund, in a chapter of its World Economic Outlook titled On the Receiving End? External Conditions and Emerging Market Growth Before, During, and After the Global Financial Crisis, said the slowing growth in some emerging market economies since 2012 can be attributed largely to internal factors. “External factors have generally been much less important compared with internal factors for some relatively large or closed economies, such as China, India, and Indonesia,” it said.
According to IMF, internal factors began to act as a drag on India’s growth in early 2008, likely as the result of stress from growing bottlenecks in infrastructure after a period of rapid growth. “Their negative incidence continued until mid-2009,” it said.
Once again, internal factors started posing a drag beginning 2011 and lasted till the quarter that ended on 31 December 2012, the fund added.
In contrast, it said the sharp dip in growth in Brazil and Indonesia during the global financial crisis was almost entirely driven by external factors.
“In Russia and South Africa, external factors dominated growth dynamics during the global financial crisis, but internal factors also played a role, possibly reflecting problems related to domestic overheating,” it added.
In India, the high cost of borrowing and delays in securing mandatory government approvals have stalled corporate investments, while high inflation and slower hiring have shaken consumer confidence and forced households to reduce consumption expenditure.
Samiran Chakraborty, regional head of research, South Asia, at Standard Chartered Bank, said IMF had corroborated what most analysts have been saying all along. “The decline of India’s growth rate from near 10% to less than 5% cannot be entirely attributed to external factors. In fact, in last couple of quarters, we could have seen lower GDP (gross domestic product) prints without the buoyancy in merchandise exports, implying positive play of external factors on economic growth.”
The economy grew less than 5% for the seventh consecutive quarter in the three months ended 31 December as manufacturing output contracted. The 4.7% growth rate in the December quarter of 2013-14 also reduces the chances of the economy meeting the 4.9% full-year growth estimate made by the statistics department.
IMF will release its global growth projections, including that for India, on 8 April.
The Asian Development Bank (ADB) on Tuesday reduced India’s growth forecast for 2014-15 to 5.5% from its December estimate of 5.7% on the back of a sharper-than-expected industrial slowdown. In 2015-16, economic growth is expected to improve to 6%, as a revival in advanced economies bolsters external demand and government action counters some structural bottlenecks that have impeded industry and investment.
In its Asian Development Outlook, the Manila-based multilateral lending agency said the Indian economy has bottomed out in the last fiscal year. It added that the economy would not reach its potential until the remaining structural bottlenecks are overcome.
“Weaknesses remain, however, and include persistent inflation, fiscal imbalances, bottlenecks to investment, and inefficiencies that require structural reforms,” ADB said. “Without a systemic resolution to these, growth is forecast to pick up modestly.”
The latest analysis by IMF says that China is an important contributor to growth for emerging market economies including India. “For Argentina, Brazil, Colombia, India, Indonesia, Thailand, and Venezuela, the growth correlation with China’s growth is stronger than that with the Euro area or the United States.” India, for instance, has a positive growth correlation of 0.66 with China.
The fund said China’s strong expansion provided emerging markets with an important buffer during the global financial crisis and its recent slowdown has also softened growth in emerging market economies. “Specifically, of the 2 percentage point decline in average emerging market economy growth since 2012 compared with 2010–11, China has accounted for close to 0.5 percentage point, other external factors for 1.25 percentage points, and other, mostly internal, factors for the remaining 0.25 percentage point,” it added.
However, the fund said that the relatively high impact elasticity of India’s growth to US growth could reflect the fact that the Indian economy is more closely integrated with that of the US than is implied by a measure of integration based on the share of India’s trade with advanced economies, notably through its sizable service sector exports such as outsourcing.
IMF blames UPA for economic slowdown - Livemint
IMF says India’s growth issues largely due to internal factors, warns of further decline if problems not addressed
APR 04 2014.
New Delhi: The International Monetary Fund (IMF) on Thursday said that the slowdown in the Indian economy was largely due to internal and not external factors, punching a hole in the oft-repeated claim of the government that global factors beyond its control were to blame.
It also cautioned that growth would decline further if the drag caused by internal factors in some emerging market economies since 2012 is not addressed.
The fund, in a chapter of its World Economic Outlook titled On the Receiving End? External Conditions and Emerging Market Growth Before, During, and After the Global Financial Crisis, said the slowing growth in some emerging market economies since 2012 can be attributed largely to internal factors. “External factors have generally been much less important compared with internal factors for some relatively large or closed economies, such as China, India, and Indonesia,” it said.
According to IMF, internal factors began to act as a drag on India’s growth in early 2008, likely as the result of stress from growing bottlenecks in infrastructure after a period of rapid growth. “Their negative incidence continued until mid-2009,” it said.
Once again, internal factors started posing a drag beginning 2011 and lasted till the quarter that ended on 31 December 2012, the fund added.
In contrast, it said the sharp dip in growth in Brazil and Indonesia during the global financial crisis was almost entirely driven by external factors.
“In Russia and South Africa, external factors dominated growth dynamics during the global financial crisis, but internal factors also played a role, possibly reflecting problems related to domestic overheating,” it added.
In India, the high cost of borrowing and delays in securing mandatory government approvals have stalled corporate investments, while high inflation and slower hiring have shaken consumer confidence and forced households to reduce consumption expenditure.
Samiran Chakraborty, regional head of research, South Asia, at Standard Chartered Bank, said IMF had corroborated what most analysts have been saying all along. “The decline of India’s growth rate from near 10% to less than 5% cannot be entirely attributed to external factors. In fact, in last couple of quarters, we could have seen lower GDP (gross domestic product) prints without the buoyancy in merchandise exports, implying positive play of external factors on economic growth.”
The economy grew less than 5% for the seventh consecutive quarter in the three months ended 31 December as manufacturing output contracted. The 4.7% growth rate in the December quarter of 2013-14 also reduces the chances of the economy meeting the 4.9% full-year growth estimate made by the statistics department.
IMF will release its global growth projections, including that for India, on 8 April.
The Asian Development Bank (ADB) on Tuesday reduced India’s growth forecast for 2014-15 to 5.5% from its December estimate of 5.7% on the back of a sharper-than-expected industrial slowdown. In 2015-16, economic growth is expected to improve to 6%, as a revival in advanced economies bolsters external demand and government action counters some structural bottlenecks that have impeded industry and investment.
In its Asian Development Outlook, the Manila-based multilateral lending agency said the Indian economy has bottomed out in the last fiscal year. It added that the economy would not reach its potential until the remaining structural bottlenecks are overcome.
“Weaknesses remain, however, and include persistent inflation, fiscal imbalances, bottlenecks to investment, and inefficiencies that require structural reforms,” ADB said. “Without a systemic resolution to these, growth is forecast to pick up modestly.”
The latest analysis by IMF says that China is an important contributor to growth for emerging market economies including India. “For Argentina, Brazil, Colombia, India, Indonesia, Thailand, and Venezuela, the growth correlation with China’s growth is stronger than that with the Euro area or the United States.” India, for instance, has a positive growth correlation of 0.66 with China.
The fund said China’s strong expansion provided emerging markets with an important buffer during the global financial crisis and its recent slowdown has also softened growth in emerging market economies. “Specifically, of the 2 percentage point decline in average emerging market economy growth since 2012 compared with 2010–11, China has accounted for close to 0.5 percentage point, other external factors for 1.25 percentage points, and other, mostly internal, factors for the remaining 0.25 percentage point,” it added.
However, the fund said that the relatively high impact elasticity of India’s growth to US growth could reflect the fact that the Indian economy is more closely integrated with that of the US than is implied by a measure of integration based on the share of India’s trade with advanced economies, notably through its sizable service sector exports such as outsourcing.
IMF blames UPA for economic slowdown - Livemint
Ammyy
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WELL DONE COBRA POST!
They spent so many crores in promotion and now one sting will ruin there 272 aim hahahahaha!
RIP BJP
This is for muslim vote bank no one else will give a fcuk to this.....
Manvantaratruti
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WELL DONE COBRA POST!
They spent so many crores in promotion and now one sting will ruin there 272 aim hahahahaha!
RIP BJP
You do realize that after the Courts has confirmed that the Ram temple existed before Babri structure in the same place, even non Hindutvadi Hindus are now in favor of the Ram temple, right ?
This 'expose' does nothing except provide a topic of discussion for 1 day....then its a dead issue again and will in NO way affect the voting patterns among Hindus. Muslims are anyway not expected to vote for BJP
SarthakGanguly
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What's new? Everybody knows that! What in God's name is the expose?WELL DONE COBRA POST!
They spent so many crores in promotion and now one sting will ruin there 272 aim hahahahaha!
RIP BJP
jha
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The economist report and cobrapost sting reviving babri issue on the same day. ........3 days before polls in assam .AMAZING
Cobrapost is a blessing in disguise for BJP... It will further polarize UP and who stands to win more when society gets polarized..?
Regarding Assam.. I used to think that BJP wont be able to get even 4 seats there. But then I read this in Pro-Congress Paper Telegraph ...
Sweeping mood for poriborton
Maqbool Hassan, a maulvi from a local mosque, says he will vote for Narendra Modi.
Asked about the Gujarat pogrom, he quotes an Assamese adage on the harmony of all religions and says he firmly believes there is no threat to communal amity in the northeastern state.
Unmoved by the grim picture the Congress has been painting about an India under Modi, many Assamese-speaking Muslims in Upper (eastern) Assam say they will support the BJP’s prime ministerial candidate.
What seem to attract them are the claims of development in Gujarat under Modi rule.
“First it was the bicycle, then the motorcycle, then came the car,” Hassan says, beginning with a metaphor before spreading his arms to make the larger point: “Poriborton, poriborton, poriborton lagibo (we need change).”
A large crowd had gathered to see and hear their symbol of “change” on Monday when Modi held a rally in the heart of a minority-dominated pocket in Sivasagar town, the erstwhile Ahom capital, which falls within the Jorhat Lok Sabha constituency.
Packed crowds greeted him also at Biswanath Chariali and Gogamukh, in the Upper Assam constituencies of Tezpur and Lakhimpur, respectively.
Sivasagar, where Tai prince Sukapha set up the Ahom kingdom in the thirteenth century and expanded it into parts of what is now Arunachal Pradesh, has long been a Congress bastion.
Jiten Dutta, a resident of Kokila village near Neematighat in Jorhat and his daughter Jyotsna, a Class II student.
Its loyalty to the grand old party has helped former Union minister Bijoy Krishna Handique win the Jorhat parliamentary seat six times straight since 1991, stubbing out any threat of anti-incumbency again and again.
But apparently, Handique has failed to satisfy the thirst for development and things have changed for him and his party.
Even Congress insiders concede that the BJP, despite its failure to consolidate votes through an alliance with the AGP, may still retain its tally of four Lok Sabha seats from the state and possibly add a few.
A young 20-something shopkeeper in Sivasagar town, Mohammed Safiullah, said he would vote for Modi, echoing Hassan.
“Let him rule in Delhi, in any case the Assamese are not for rioting,” Safiullah said. Neighbour Butoli Begum smiled and nodded.
Upper Assam’s five seats — Jorhat, Kaliabor, Tezpur, Dibrugarh and Lakhimpur — vote on April 7. They have a sizeable population of Ahoms.
Chief minister Tarun Gogoi’s son Gaurav, an Ahom, is said to be the front-runner in Kaliabor. The US-educated Gaurav, seen as weak in the mother tongue but strong on legacy, is being billed as the Congress’s next great hope.
But Jorhat seems bent on overturning facile caste and community equations. If many Muslims are ready to back Modi, a large number of Ahoms believe that the Congress’s calculation of fielding Handique, an Ahom, against the BJP’s tea tribe candidate, Kamakhya Prasad Tasa, will not work this time.
“I am an Ahom and I will vote for the BJP candidate,” said small-time tea grower Hemanta Rajkhowa.
In Lakhimpur, Union minister Ranee Narah faces a tough challenge from the BJP as well as Congress dissidents.
In Dibrugarh, too, the BJP has fielded a candidate from the so-called tea tribes (who are not recognised Scheduled Tribes), hoping this will not handicap it in a seat dominated by the Ahoms.
Upper Assam is the land of tea, its 200-odd tea gardens and their workers virtually offering any party that can gain their allegiance the opportunity to create a borough for itself.
The Congress still enjoys the support of the Bengali-speaking Muslims in constituencies such as Nagaon and elsewhere in lower (western) Assam, but Upper Assam seems ready to jump on the Modi bandwagon.
Pinkumoni Bora, a second-semester BA student from Bahona College, 15km off Jorhat, giggled shyly when asked about her thoughts as a first-time voter. Her fellow student from Komargaon, Pranamika Neog, too struggled for an answer.
“Change tu lagibo (we need a change),” Bora eventually said.
Her seniors, BSc fourth-semester students Rakesh Keot and Madhurjyoti Das, brought up the “Gujarat model”.
“I haven’t been to Gujarat but we want something like that for Assam too — for our economy and education,” Das said.
Manvantaratruti
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Now media will kick BJP's *** !
So you mean media providing free coverage to BJP and making BJP a talking issue just before voting beings, is a bad thing ?
I guess you have much to learn about Advertisement and image building
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