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Dip in industrial growth: time to change gears

It's more bad news for the United Progressive Alliance (UPA) government on the economic front, even as it looks forward to the general election in 2009. Industrial growth has dipped to a six-year-low of three percent in March this year. Coupled with raging inflation, the economic outlook is far from satisfactory at a time when both Prime Minister Manmohan Singh and Finance Minister P. Chidambaram were expecting to pat themselves on the back for a great five-year performance.10:01 AM on May 16


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