Previous cycle before that: June 7, 1989, to December 30, 1990.
The Indian economy suffered from a severe macroeconomic imbalance, soaring fiscal and current account deficits. BoP crisis, pushing the country to the brink of national bankruptcy by 1991.
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At that time, we witnessed one of the largest financial crises in modern history. The collapse of the U.S. housing market, failures of major financial institutions, and a global credit freeze.
2/3
In Delhi, I support @AamAadmiParty for this election.. Reason? They have worked in development projects seriously... Excellent job done in areas of education, health, electricity and city surveillance... They surely deserve a second chance..
दीपिका का विरोध होगा
DSP देवेंद्र का नहीं
लव जिहाद का विरोध होगा
मुस्लिम जीजाओ का नहीं
बलात्कारी इरफान का विरोध होगा
सेंगर का नहीं,
पत्थरबाजों का विरोध होगा
मॉब लिंचिंग का नहीं,
भक्तो अगर ये दोगलापन नहीं तो और क्या है ?
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