Problem is that the growth was all haphazard and their was no systematic planning for it. More that economic growth, it was growing like a Kudzu. For a while you feel everything is growing, then you realize that it is actually making everything hollow from inside.
All the glimmer of initial year is now exposing the hollow ground it is standing on. Rampant, unchecked corruption at all level has gotten so out of control that even the people who can do something are not becoming helpless. All the while national resources and nation's future is being auctioned off by Ruthless and shameless politicians.
NREGA.....?A counter productive vote bank politics tool and the same is eatinig away the subsidy and proving a catalyst for inflation. Inflation ? Economic slaughter of the middle class? Home loans? Helping builder sfill their coffers and increase the property prices unchecked. Car Loans? NPA and general health of Banks ? Fiscal Deficit ? That is Governmental spendings increasing by leaps and bounds? Ever increasing DA and salaries of the govt. employees just to appease them? LPG, Petrol And diesel prices ? Corruption of unmatched size ? Shamelessness ? Scams ? Steps to check all these ... No.? Result the fake growth story and the present worsening economic scenario
