Avoid Imported Products

Bloomberg editors suggest PM to step down and call fresh elections, so that decision making and reforms scenario improve. GDP growth is at 10 year low; Rupee is worst performing currency in Asia; and Current account deficit at 4.8% of GDP is highest among emerging markets and it is 2 times the level in 1991. We still have time but govt needs to act. I think we should try to avoid imported products (even avoid buying gold and prevent wasting fuel to the extent possible), as it will help economy in these difficult times...

India’s Economy Needs an Early Election

By the Editors 2013-08-20

http://www.bloomberg.com/news/2013-08-20/india-s-economy-needs-an-early-election.html