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Opinion - Letters
Economic growth

This has reference to the Finance Minister, Mr P. Chidambaram’s statement that the India’s economic growth rate would continue to be at 9 per cent in 2008-09 (Business Line, January 1).

But there are some important questions that need to be answered by the government. First, can the growth rate stop farmer suicides? Can it free the economy from poverty, illiteracy and unemployment? Can it bridge the skill deficit which haunts the economy at present? Can it provide the much-needed social and economic infrastructure in the country?

Unless the answers to these questions are in the affirmative the growth rate of nine percent has little significance in the country.

S. Ramakrishnasayee Ranipet

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