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Wednesday, June 24, 2009

FOREX FUELLING INFRASTRUCTURE DEVELOPMENT IN INDIA & CHINA

Today India's Foreign exchange reserves are around USD 219 billion and in spite of the fact that Foreign Direct Investments (FDI's) are on the increase and India's economy is showing an upward trend, the basic infrastructure still is far from what it should have been for a country of its size and population.

Reason: the infrastructure projects irrigation, power generation, roads,ports, airports, railways, residential and office complexes, health care, education etc. all need a lot of funds.



satish.......,24 june

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