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'India's in a sweet spot, but that's not going to last forever'


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brajeshwar nath
india story
by brajeshwar nath on Oct 28, 2015 11:56 AM  | Hide replies

Who are these self proclaimed, self righteous, self seeking bunch? they haven;t been part of India's journey from newly born nation surmounting numerous odds to stand tall as an emerging economic power house. yet they want to pontificate and claim to be an expert. They may have bagful of dollars but no iota if understanding of Indian economy or polity or society having been an India watcher from far. How would they know that had it not been for public sector - industry or banks we would not have grown so much and come so far. Out private sector is only interested in getting into retail and IT. In hard core infra private participation is only perfunctory and only thru PPP where govt. is committed to be there. That our private sector is not like private sector in US or europe and here they are mere stooges of govt.that india as an economy has grown thanks mainly to its public sector . similarly you go to private banks. All they are interested in is retail loaning.where is pvt. banks involvement in big ticket project funding? they dont even have expertise to appraise big projects.

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Kunal Sawant
Re: india story
by Kunal Sawant on Nov 07, 2015 11:10 PM
Indeed, public sector has always taken care of the tougher tasks of running the country with minimal budgets and catering to a wider populace.

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Ganesh Nakkathaya
Re: india story
by Ganesh Nakkathaya on Oct 28, 2015 01:29 PM
economy has grown thanks mainly to its public sector- you seem to be deluded, seem to come from another time and idea, left ha left forever

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kapil
dont invest
by kapil on Oct 28, 2015 11:29 AM  | Hide replies

in Indian companies... 99.99% accounts are manipulated.. including listed companies... Indian banks??? better not to talk about. i saw one famous banks (south based) audited report in 2008 and found NPA is more than 3% but showing below 2%. Infosys and Vguard seems to be good cos.

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G SATYANARAYANA reddy
Re: dont invest
by G SATYANARAYANA reddy on Oct 28, 2015 01:40 PM
The reforms mentioned above like banking labor and other reforms will not happen in India in the near future no politician will allow that India will have to wait few more decades They cant make any decision on UCC uniform Civil Code for decades simply make comments once in a while for namesake

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