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What's behind India's spectacular economic growth


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Om Garg
progress
by Om Garg on Nov 17, 2010 02:57 PM  | Hide replies

india is on way to become a developed nation mainly because of 6 years of golden NDA Govt led by A B Bajpayeeji TELECOM liberalisation National high way program interest rate exemption upto Rs 1.5 lakh Privation of PSUS WITH public participation etc were responsible for rapid growth

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samir shah
Re: progress
by samir shah on Nov 17, 2010 08:32 PM
Are you from BJP?

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piri
The waning of the much hyped Indian IT industry will
by piri on Nov 17, 2010 11:29 AM


certainly mean a very long night of winter (tumbling prices) for the real estate sector in India !

Already, tens of thousands of flats and villas are lying unsold or unoccupied in many Indian cities. And a good proportion of them have been lying unsold for several years now !

With the recent series of hikes in the prime lending rate announced by the RBI, the increasingly desperate builders, who have been becoming shriller and shriller with their advts., are all set to face a very severe liquidity crunch !



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Ravishankar Subramaniam
Goldman sachs the biggest thieves of America
by Ravishankar Subramaniam on Nov 17, 2010 10:03 AM

What credibility does an award have, when the sponsor of the award is the biggest gangster-bankster on wall street and looting America blind. oh the media, when will it learn ...or will it ever...or is it just convenient to play along these crooks!
Ravi

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Duman
Reason behind
by Duman on Nov 17, 2010 09:57 AM

There is one and only reason behind this..
All political parties and diplomats crushed and are crushing the common man and poor people to enjoy...

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E darwin
why is USA economy in trouble
by E darwin on Nov 17, 2010 01:49 AM

Indian economy is money over-print and the usual cyber coolies and slave labor economics.

whereas, with USA economy, it is the bad business and political appointees.

this is why USA economy is sinking when they has Bihari Jha as the CEO due to political reason in USA.

then, they have 2 gypsies as the governors, the gypsies can change anything including religion, language, nationality for selfish ends, but their parasitic nature does not change.

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bn yalamalli
It is an essay, an interview and not a book
by bn yalamalli on Nov 16, 2010 07:18 AM

He has studied India from a far off Ivory Tower in US, it seems.And he has picked up in bits and pieces the good things that are happening in a wishful thinking frame of mind.
What I mean in the heading is that the effectiveness of goodness need not end in its being spectacular, should not be merely in the data or the analysis but should reflect in the end results proved over a long term perspective.

All of Indias strengths and efforts get diluted by political machinery. Democracy stalling development is of no use.The Licence Raj might have disappeared on paper but has it disappeared from the mindsets of corners of power?
Indians fight on nonssues of the past and not on issues of future.
Compared to China, India may be well placed on inherent strengths but do not get opportunities because of the still lingering image of License Raj and the opportunities on hand are not exploited to advantage because of lack of compulsion.

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sudhir dave
INDIA'S GROWTH
by sudhir dave on Nov 16, 2010 06:36 AM  | Hide replies

In 18th and 19th century, because of cheating technique and better weapons EUROPE AND US ruled the world. Mainly UK, FRANCE AND GERMANY. They have robbed natural wealth such as minerals and other things from ASIAN countries including individed India, whole of Africa. Due to highly capable and intelligent scientist and enterpraneure they earned huge money and cheating was also part of this game. In 20th century they created so called First and Second World War only who should enjoy such huge wealt. As US, mixture of Europe was much smarter. They had and won the war in other part of World and became Super Power. Nearly 97% of thtal Europe and US population was used to provide soldiers in other words who were prepared to die in battle. After 1944 every thing was over and Each US/European common man exhausted all wealth by 1990. Now neither they are baggers because huge wsatage of wealth created by their fore fathers. Luckily now the world is different. It is not that easy to rob and cheat still they are doing their level best. In next 50 years situation will be worst in these countries because they don't want to work and simply enjoy.Enough prostitutes are coming so called developing country simply to earn and blame. These happen as it happens with grand children of highly rich people.

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Ravishankar Subramaniam
Re: INDIA'S GROWTH
by Ravishankar Subramaniam on Nov 17, 2010 09:59 AM
They still cheat and steal through the currency system. The dollar as the reserve currency of the world gives them unlimited power to print money for the world. Though its not going to be a happy ending. This crisis would most definitely end in a currency crisis and the demise of the dollar.
Ravi

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Anil Nair
Re: Re: INDIA'S GROWTH
by Anil Nair on Nov 20, 2010 05:35 PM
Which is why smart people are slowly but steadily converting their assets to gold etc.

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Ramesh
nonsense!!!
by Ramesh on Nov 15, 2010 11:57 PM  | Hide replies

Spectacular growth?? Common man is unable to buy dal, wheat and rice.. Is this spectacular growth??
give us a break.


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Randeep Mehta
Re: nonsense!!!
by Randeep Mehta on Nov 16, 2010 09:25 PM
Had Sonia Gandhi, Rahul Gandhi & Dr. Man Mohon Sing has the gut to answer the question, who are sitting on the (fictitious cash & growth) generated by Builders, Mafia, Stock Brokers etc. and looting the welfare of the comman man and making more stylish the NAKED RICH MAN ????????????????????

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Count Meout
Re: nonsense!!!
by Count Meout on Nov 16, 2010 06:48 AM
Dont fret & fume. All Economists are like that only. They walk on air. They dont have their feet on the ground.

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Herry
No doubt India is growing.
by Herry on Nov 15, 2010 11:24 PM  | Hide replies

But we have many issues as well.
Poverty. Population. Corruption. Lack of Leadership.
Gap between poor people and wealthy people.
As of now Growth is only focused to Metro Cities what about Rural India.

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Randeep Mehta
Re: No doubt India is growing.
by Randeep Mehta on Nov 16, 2010 09:26 PM
Had Sonia Gandhi, Rahul Gandhi & Dr. Man Mohon Sing has the gut to answer the question, who are sitting on the (fictitious cash & growth) generated by Builders, Mafia, Stock Brokers etc. and looting the welfare of the comman man and making more stylish the NAKED RICH MAN ????????????????????

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