Saturday, July 7, 2007

GDP,Inflation,Forex reserves and Sensex

As a common man and Iam very confused about Govt boasting about GDP growth,Inflation under control (despite price rises),Forex reserves (I believe can't be used for nation building) and Sensex rise as a symbol of economic growth.

How do they determine gdp and Inflation ?


Me, as a common man seems to neither understand or get some fruits out of these mysterious growth/calculations !


I believe a few handful of people without knowing any ground realities sitting in Delhi come up with these magical figures.Can't there be some yardstick with which we can get a real picture of our country's economic status which people like me believe for real.

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