UPA-II,India Government spent 3 years.
India could not reach 9% growth rate since 2009-2010,but it
is below 8% from second quarter of 2010-11.Stock market performance is down swing,
it has dwindled 23.1% from the peak level of November 2010.Fiscal deficit as
percent of GDP has gone up from 4.9% in 2010-11 to 5.9% in 2011-12 but likely
to drop down to 5.1% in 2012-13.Still in April,2012,it is 8%,so no sign of
improvement.The consumption would rise to 4% of GDP in 2011-12 in comparison to
2.7% in previous year.Rupee Dollar rate has been falling to at a floor level.But,it
is said from govt.level that it is the effect of Euro crisis.Moreover, Government
of India is defamed with scams and protest against corruptions although it has
enlighted with reform measures which highlighted with higher privatization and
liberalisation drives.
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