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Article: FUTURE SHOCK
- Article from:
- Eastern Eye
- Article date:
- October 31, 2008
- Author:
CopyrightCopyright Ethnic Media Group Ltd. Oct 31, 2008. Provided by ProQuest LLC. (Hide copyright information)
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Manmohan Singh: Indian economy will be affected
After discussing the financial crisis with world leaders in Beijing, Prime Minister Manmohan Singh said last Sunday (26) that India's economy was bound to feel the pain "sooner or later".
"Well, it all depends on how long it takes the world community to restore confidence to the global financial markets. We are not in complete control. There are bigger players and we are victims of that. The crisis is not of our making," Manmohan Singh told reporters as he flew home after meeting leaders from Asia and Europe in the Chinese capital.
He added: "Sooner or later, the economy is bound to experience the pain."
Manmohan Singh admitted that despite ...