I am writing with reference to Op-ED: 'Farce and facts for Obama,' by Saeed Naqvi, distinguished fellow of the Observer Research Foundation
In his analysis,Saeed Naqvi misses one fact that stands out prominently today: India's economy is outpacing the world.India's economy grew at the fastest pace in two and half years.making it the second fastest growing economy in the world.Gross domestic product rose 8.8 per cent in the second quarter of this year.This is happening at a time of the global recession and even the chinere economy needed a massive stimulus to keep it going .In contrast ,the Indian continues to grow without any massive stimulus because unlike China,which is cependent on exports,Indea's growth is centred on the domestic consumption.
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