Yesterday, I saw a Times front page story which said that the Indian economy is now on a recovery path and cited some one off statistics. How naive!! It read like a government of India handout or a UPA handout. Surely, Times of India would have charged fees for carrying a vested interest story.
Well, my call is that our GDP is headed for a NEGATIVE growth in FY 2009-10.
All signs on the street point to that and government stats will perhaps keep lying till election time is behind us.