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This is what India needs for 10% growth rate


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Dev
growth
by Dev on Feb 12, 2011 08:08 PM  | Hide replies

if you want growth you need
- people with vision
- to support growth industries
- to support industries that employ large nos of people

indian govt has to come up with NEW ideas and initiatives.
(i think some cities and states are doing well..they ARE moving ahead..but others are lagging far behind and even going backwards)
ofcourse govt initiatives can also increase growth

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mukaddim hussain
Re: growth
by mukaddim hussain on Feb 12, 2011 08:19 PM
alongwith it, a populace of uncorrupted leaders. otherwise, one day, out of fustration, people will revolt, as Egypt has shown.

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janmohan
growth
by janmohan on Feb 05, 2011 05:51 PM

what growth matters to large block of people, when price is high,non planned agriculture,dependant on rain,no roads,no electricity,no heigenic or no food,no work to people,no schools n education,no hospitals,high corruption,no control over politicians n babus and many more.
what we get in 65 years.egypt like revolt is need.the poors n have-nots must come forward to snatch their rights.

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Bodh Ramdeo
Zero zero=zero
by Bodh Ramdeo on Feb 03, 2011 09:18 AM  | Hide replies

Near useless article- lots of words but little substance, especially about its headline -lotsa smoke and no fire.

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Dev
Re: Zero zero=zero
by Dev on Feb 12, 2011 08:10 PM
ur right, i was expecting many points and ideas

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Loga
If India want to compete China then 10% GDP growth is also not en
by Loga on Feb 03, 2011 07:20 AM

If India want to compete China then 10% GDP growth is also not enough because china GDP growth is 12%.

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PO
And
by PO on Feb 02, 2011 03:34 PM

Forget about the $1.4 trillion black money in Swiss banks.
85% people in India do not have any bank a/c.
Hence 85% economy runs on black money within India.


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raman govindan
what India needs for 10% growth rate 2
by raman govindan on Feb 02, 2011 11:44 AM

when I go through the list of imports given by the DG foreign trade in the monthly or quarterly statements. it gives no clue what is being imported. it looks likeall Latin and Greek to me. there ius no focuss on helping an entrepreneur or an young engineer, technologist or business men to identify.

having criticised the bureaucrat, I should tell they had been underchanged all these years, with poor emoluments, treated with contempt by the political bosses, threats of dismissals/transfers/reduction in rank and criticism and thrown to wolves and to public hanging by media to save the politician's skin.

we need a change in attitude and it should start with top leaders of all the parties.


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raman govindan
what India needs for 10% growth rate
by raman govindan on Feb 02, 2011 11:29 AM  | Hide replies

"The usual way in which a large gap between imports and exports is bridged is by slowing demand, for both domestic and imported products, by raising the cost of money."

that is passe. that is one of the bureaucrat's attitude.

an enterprising civil servant or organisation should put researchers/experts in several fields to study and monitor the imports and suggest R&D, manufacture/production and increase the employment, utilise the available resources for the prosperity of nation. he may make a few mistake, wrong decision on investments /area/products, that should be ignored.

the s/w industry grew and provides jobs to millions at an above average emoluments not because of either of the bureucrats or the politiciasns but by the few entrepreneurs like narayanamurthy, nadar, premji etc. they understood economics of market for s/w engineering services and the talents of the educated lot in India and invested by selling their shirt, pant and coat and risked their entire career and fortune. the civil servants and politicians do not face such risk. the civil get their pension with cost of living adjusted for increase or posted member of commission of enquiry etc. and the failed and uninspiring politicians get plum posts as governors.

there should a change of attitude among politicians and bureaucrats.



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rohit rath
Re: what India needs for 10% growth rate
by rohit rath on Feb 05, 2011 05:44 PM
software engineering there is no risk is involved that is why they are exposed to market forces, where as civil servants or govt servants they are exposed to lot of hazards n they work under different circumstances far flung areas where no water or road is available especially bankers,hence they are compensated with Risk cover to some extent by Govt and it is required fair justified and appropriate.

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ASA C
Indian Growth
by ASA C on Feb 02, 2011 09:57 AM

Gentleman, barring all these we can achieve growth, if there is large scale FDI in Industries,Infrastructure health, education etc but Jairam Ramesh and lately Sonia is making it slow.People are having money, so large IPOs will control inflation, black money etc and provide industrial growth. This is to be promoted. Pranab is too busy with MMS-Sonia, himself like politics and not having brain to think so how progress will come? In case of Chidambaram he used to address public in critical times, give confidence, help industries- remember TATA take overs etc, now nothing and even started talking wealth creation is greed etc. Sonia has become like Prakash Karat.Only growth can give enough money to Govt for poverty removal. Corporates are necessary.Look at China going for $650 billion water projects, Cities are made etc. Learn a bit from neighbour. These are school level science which is not picked up by so called Leaders here.

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