I hope u will get the point which i am puttin forward to in any any any business it is possible to survive without competition we are doing good againest china in many more ways but the chinese policy is very lucrative and vague in business development the way they are competiting indian brands is really surprising. my point of discussion is why we are fighting for the wrong even we know the product quality is use and through kind still we are allowing them to enter in indian market.
Pkl. sept 15th ,thursday 2005 The appraisal of huge performance of China/India economies in coming generations has been circumscribed well in the above knowlegeaable appraisal;It is imperative that the issues of Employment , Peace and internal disruption are tackled in good time and with resilience lest the bubble bursts in the thin air due to environmental , political and military blow over. We should curb the chances of going bust due to massive inflation , deficits and performance sluggishness of our elites in a competitive world trade environment,Chinese shall in the long run enjoy certain discipline despite denial of massive human Rights to the under-privileged as against Chaotic work-ethic of most Indians,,D. Goel
It's a primarily a presumptive article, the main assumption being GDP growth rate. The basis of calculation of GDP ( Planning commission, Goldman Sachs, etc ) by different agencies could be different. It also presumes the existing superpowers say USA would not do anything detrimental to a growing economy just to retain it's superiority !.
This article is an excellent snapshot of Indian reality and the real major problems and risks faced there. This indicates that probably his Chinese depiction is accurate as well.
On optimistic note, Indians have developed the sense of national unity, intellectual acumen, a reliable legal-democratic setup and now political leverage for handling crisis and develop new avenues for growth. Their think-tank capability is comparable to US.
The article is a good indicator of our resources and opputunities, which if not used wisely will doom India in the long run. India has to exploit these oppurtunities as America did in the begining of the 19th century and countries like South Korea and Japan did post World War-II.
Leadership and political stability are essential environment for sustaining the growth rates the both economies are projecting. As the original article (published in \"Bussiness Week\") mentioned that the return on invested capital in India (around 16%) while that in China (around 12%)would bring in lots of Foreign Direct Investments into these economies, but in the long run the Indian economy would stand to gain as they inherently waste less (as they had less to begin with).
According to me the investments made into these economies will result in a irreversible and self-sustaining cycle which would be beneficial to both economies. Both countries should leverage the strengths of each other to dominate the world instead of competing against each other.
This is also another botteleneck to growth on Indian economy. Some progress have been made, but need more acceleration in this effort.
As for water scarcity, that is a big concern. India should have the river networking in place,otherwise neighbouring states will start fighting against each other on this issue - Karnataka-TN-Andra Pradesh tussle is a classic example of it.
Thought provoking - a comparison with what our President has to say in his "Vision 2020" might be interesting. However, before any goal is attained, (victory must NEVER be taken for granted) we need to constantly keep looking at the possible pitfalls, (about which the author has warned us with supporting facts / figures) to ensure that our people do remain impoverished forever.
this is one of those articles which i was waiting for so many days...there have been so many articles on India's rising economic and superpower status but this one was really a nice one to bring us back to ground realities....one can't just become a superpower just by getting some big IT projects or boasting of enormous techie workforce when first of all it can't provide its citizens proper conditions of living ,healthcare and above all a sense of social security...we don't have enough jobs for our ever growing educated population,leave the uneducated one.....the infrastructure is nil....on the one hand where youth power could bring a revolution ,on the other it could lead to chaos...its time our leaders stop boasting and fooling the public and do some real good work
