4.6.08

Projected GDP Growth

Came across another interesting piece of information where some economists have projected India's GDP growth for the next few years.There is a definite slowdown from the current pace.

2008 - 7.6%
2009 - 7.1%
2010 -7.4%
2011 -7.6%
2012 - 8.0%

And the probable equation between the Indian Rupee and the US Dollar

2008 - Rs.38.50
2009 - Rs.36.40
2010 - Rs.35.50
2011 - Rs.35.00
2012 - Rs.34.50

At the moment it seems that the Rupee is moving in the reverse direction and is currently pegged at Rs.42.74

Let's see if our actual rate of growth is similar to these figures or drastically different.

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