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Labourers work at a construction site as sun sets in New Delhi February 16, 2008....
Fri, May 30 12:00 PM
NEW DELHI (Reuters) - India's 2007/08 growth rate of 9 percent is a matter of satisfaction and should lead to better fiscal indicators, India's finance minister said on Friday, but he added the current fiscal year would be "more difficult."
The economy grew 9.0 percent in 2007/08 (April-March) , faster than a government estimate of 8.7 percent.
But FInance Minister Palaniappan Chidambaram noted a sharp slowdown in manufacturing growth in the March quarter, and said the government would take steps to boost industrial growth.
In 2008/09, the economy is expected to grow at an annual 8.5 percent, he said.
If you are young, have a hectic social life where you drink and party, and have applied for a job, chances are you will lose out to someone who is a teetotaler.
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