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Chemical Week Magazine :: Cover Story

India

10:48 AM MST | January 14, 2008 | DR

India’s economy is expected to rise 8.5% this year, compared with 9.4% in the fiscal year ended March 31, 2007, according to a recent report by the Asian Development Bank (ADB; Manila). However, there is a risk of inflation, which is expected to remain at 5%, ADB says. “While the Indian economy has moved to a higher growth trajectory, a major challenge for policymakers is to find ways to expand the market-based reforms so that the benefits flow to all sections of the population,” says Ifzal Ali, chief economist at ADB. The Indian chemical...

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