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Moneycontrol.com >> Messageboard >> Market View >> Economy >> HOW LONG govt can feed subsidy....
   You are here :     Moneycontrol     MMB    Market View      Economy                         Most active discussions of 2006 , 2007 & 2008
HOW LONG govt can feed subsidy.... (4)   04-Jul-08 19:31Tracked by (0)  
Posted by:   ravipratap61 on ( 04-Jul-08 19:31 )
AT OIL ard 150...it is impossible for govt to continue feeding subsidy by selling oil much below international price.
INDIA will go bankrupt soon...
ONLY way is to align prices with free market price and see economy
again catching up....we have to take the shock now or later but can\\`t escape it,sooner is better...or mkt may dip below 10000...no doubt abt it.
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