India's GDP grew at 4.4 % in Q2, the worst rate since 2002. However mood is changing it seems. All due to Lord Varuna.
Ranifall is good. Kharif sowing area up by 6% this time. Monsoon distribution is also better. Production is likely to go up. This will boos rural demand. Rural expenditure will increase. This will help the economy. Chidu and Rajan can relax a bit. Rupee is also strengthening nowadays.
Ranifall is good. Kharif sowing area up by 6% this time. Monsoon distribution is also better. Production is likely to go up. This will boos rural demand. Rural expenditure will increase. This will help the economy. Chidu and Rajan can relax a bit. Rupee is also strengthening nowadays.
CRISIL has forecasted 4.8% growth for 2013-14. If agriculture grows at 6%, then growth will be 5.2%, it said.
Progress of kharif sowing
CRISIL forecast for India
| Infographics
Seems like all is well if
monsoon is well. Hope to see India grow at-least by 6%.
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