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India Portal
Briefing
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Extract from the Briefing covering the period 23/03/2004-18/05/2005
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Growth Rate of 6.9% Achieved Despite Setbacks
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India's growing economy and strategic focus is leading it to play a pivotal role on the international stage. At the end of April, Manmohan Singh, India's prime minister was chosen to give the ...
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Extract from the Briefing covering the period 10/02/2005-22/03/2005
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Budget Gives Boost to Rural Poor
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A key theme of the government's 2005/06 budget announced on February 28th is the revitalisation of the rural economy. Many observers welcome this commitment to agriculture, which has been neglecte...
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Extract from the Briefing covering the period 09/12/2004-09/02/2005
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Manufacturing Drives Economic Growth
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India has asked the World Bank and the Asian Development Bank for financial assistance with the reconstruction of the Tsunami-damaged mainland. The government estimates that property worth US$1.5bn wa...
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Extract from the Briefing covering the period 22/10/2004-08/12/2004
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Foreign Investors Pour Into India
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India's oil minister, Mani Shankar Aiyar has announced that the government will auction 20 oil and gas exploration blocks in January 2005, under the New Exploration Licensing Policy. The governmen...
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Extract from the Briefing covering the period 09/09/2004-21/10/2004
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High Oil Prices Could Scupper Growth Plans
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Following the investment "boom and bust" in India in the mid-1990s when government reforms encouraged investments, which led to excess capacity and painful economic adjustments, there are no...
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Extract from the Briefing covering the period 29/07/2004-08/09/2004
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Revival of Monsoon Rains Puts Economy Back on Track
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Bilateral trade volume between India and China is currently around US$10bn and is expected to reach US$20bn by 2008/09. The growth reflects the accelerated economic development of India....
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Extract from the Briefing covering the period 21/06/2004-28/07/2004
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Government Delivers Measured Budget
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The government has also shown its determination to control the fiscal deficit by agreeing to an Act of Parliament which forces the government to reduce its fiscal deficit (as a percentage of GDP) by 0...
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Extract from the Briefing covering the period 07/05/2004-20/06/2004
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Congress Party Win Throws Market into Turmoil
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The new government will present its maiden budget in early-July. Government revenues may fall as the incoming Congress-led coalition has signalled a halt to the privatisation of state firms. In additi...
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