INDIA’S POLITICAL INSTABILITY SEEN SLOWING GROWTH

22 November 1989  Reuters News English  (c) 1989 Reuters Limited  NEW DELHI, NOV 22, Reuter – Political instability likely to result from this week’s elections could dangerously slow India’s economic growth, economic analysts said.  They said the new government could also face a resource crisis brought on by plunging foreign exchange reserves, unbridled domestic demand…

INSTABILITY SEEN SLOWING GROWTH IN RESOURCE-STRAPPED INDIA

22 November 1989  Reuters News  English  (c) 1989 Reuters Limited  NEW DELHI, Reuter – Political instability likely to result from this week’s elections could slow India’s growth dangerously, analysts said on Wednesday.  They said the new government would also face a resource crisis brought on by plunging foreign exchange reserves, unbridled domestic demand and a…