To: The Rt. Hon. Chief Minister of Tamilnadu Dr. Jayalalitha Jayaram From: Athinarayanan Sanjeevraja Date: February 10, 2014 RE: Tamilnadu State Budget Financial Year 2014-2015 Suggestion: Tamilnadu State budget 2014-2015 should strong focus on manufacturing and energy sector which is vital to the State’s economic growth and a major generator of investment, exports and jobs. The Hon. Chief Minister, India’s in economic bleeding. It will continue as toxic combination of rupee depreciation, swollen current account and budget deficit, capital flows declined and longer term interest rate high, persistently high inflation and Indian policy makers are professionally incompetence to address these problems. RBI policy may cause hyperinflation in the future, if RBI continues the same type of policy. India is in difficult place. It won’t recover. The United States of America, Europe, UK, other advanced economies and most emerging economies all go
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