Vedhavanna Ra Vedhava-01-05 Raa Naa Puku Dengu Ra

Telugu Boothu Kathalu : Economic models are tools that you can use to make predictions about the future direction of the economy, based on theory and fed with data from the current economic performance. The Treasury of the United Kingdom used a model to make predictions (the model of the Ministry of Finance) and the same model is also employed by an independent group known as Ernst and Young ITEM Club. ITEM means independent economic model (for its acronym in English) and has been making predictions on a quarterly basis since 1988. Frequent review of worldwide growth forecast highlights the weakness of models of this type in times of economic uncertainty.The Item Club is an independent forecasting group sponsored by Ernst & Young, the giant accounting and finance based in the United Kingdom. According to their website: \"ITEM forecasts are independent of any bias political, economic or business, providing an unbiased reference for other public and private economic forecasts. \"The exclusive sponsorship of Ernst & Young item Club helps meet the needs of our customers for in terms of economic forecasts that help a correct business planning\".In its most recent assessment, the Club has warned that if the Government plan is followed in the current scheme the nation would probably \"slow growth\" for the next two years. The Government forecasts growth of 1.2% this year, but the Club indicates that the figure will be lower, only 0.9%. The Club claims stimulus to the economy in the form of increased investment in infrastructure, and support to the housing market. They believe that improving growth rates is unlikely that they will be before 2014-15 and demand the return of confidence in the business and financial sectors.The ITEM Club even dared to question the validity of the objective of the Bank of England in terms of inflation (at 2%), what they call \"a risk to the credibility\" of the Bank. This level has been unreachable for the last 3 years. He praised the recent policy of the Federal Reserve to establish a target level for unemployment (6.5%) as a mechanism to boost economic activity.