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Friday, Dec 02, 2005


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Opinion - Letters


Target growth rate

The Prime Minister's optimism over the targeted 10 per cent growth is not misplaced. With the manufacturing and services sectors on a roll, the economy has clocked an 8 per cent growth for the second consecutive quarter this fiscal and holds out the promise of beating that number too.

With services maintaining their strong growth record, a qualitative change will result in infrastructure and agriculture, which will, in turn, spur growth.

Small and medium enterprises cannot flourish rapidly enough to generate employment without regular availability of power at competitive rates. Pampering consumers of power and infrastructure has caused much harm to the nation's growth.

Seethanagaraja Shastri

Thanjavur

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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