Whether the economy will grow over 8% or not, it's clear that the economy is consumption driven, not export driven. If only we can get the capital side of the equation corrected with internal savers funding business expansion via proper corporate debt market instead of buying unproductive gold and farm land and more and more flats as saving instruments, I think we would be in a better situation.
This time Cmie's prediction of growth and stuff are going to be terribly wrong and way off.
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