India: `Social indicators not improving fast enough`

ECONOMIC SURVEY 2005-06\ COMMENT: Sumant Sinha

Our Bureau / New Delhi February 28, 2006

It is remarkable that the economy has grown by an average 8% over the last three years. We would be hard-pressed to find another such period in our economic history.

What is even more remarkable is that this growth has not come at the expense of a macro-economic imbalance, that is it is not “borrowed” growth. All the macro-economic indicators are mostly benign.

Read more...