The Hindu : Promise of new economy

Online edition of India's National Newspaper
Wednesday, August 29, 2001

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Business \| Previous \| Next Promise of new economy By Our Special Correspondent MUMBAI, AUG. 28. The Reserve Bank of India today stated that the new economy sectors continue to enjoy a competitive edge, despite the underlying domestic industrial conditions and the global slowdown. ``The fast growing sectors, that is, software, knowledge-based industries, information technology enabled services, pharmacology, biotechnology and entertainment services carry the potential of generating increasing returns to scale and sustaining the step-up in the growth path of the economy,'' the RBI stated in its Annual Report 2000-01. According the RBI, these industries have inherent confidence and the capabilities to expand rapidly and command global leadership. Send this article to Friends by E-Mail
Section : Business Previous : Comfortable forex front Next : Bharti finalises $150 m pact with 3 major suppliers
Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Miscellaneous \| Classifieds \| Employment \| Index \| Home
Copyrights © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu

Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Miscellaneous \| Classifieds \| Employment \| Index \| Home

Business \| Previous \| Next Promise of new economy By Our Special Correspondent MUMBAI, AUG. 28. The Reserve Bank of India today stated that the new economy sectors continue to enjoy a competitive edge, despite the underlying domestic industrial conditions and the global slowdown. ``The fast growing sectors, that is, software, knowledge-based industries, information technology enabled services, pharmacology, biotechnology and entertainment services carry the potential of generating increasing returns to scale and sustaining the step-up in the growth path of the economy,'' the RBI stated in its Annual Report 2000-01. According the RBI, these industries have inherent confidence and the capabilities to expand rapidly and command global leadership. Send this article to Friends by E-Mail
Section : Business Previous : Comfortable forex front Next : Bharti finalises $150 m pact with 3 major suppliers
Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Miscellaneous \| Classifieds \| Employment \| Index \| Home
Copyrights © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu