One should note that this Government has shown positive approach on all round development.It must be noted that although the Government has changed but the Government machinery is the same which has been made totally corrupt by the previous Government and it works at snails pace. The present Government is working with a vision and we all must support there efforts and give them sufficient time to work. Please have patience and the growth will definately happen and happen at the amazing pace.
Good points are raised in the article, but where is correction in true sense: 1. Not even a talk on population control we are adding 2 crore children each year. 2. In order to bring speed, none of the non performer, unfit and suspected corrupt is retired early at lower and middle level govt. employees as they are grass root contact with common man to listen and resolve their problems. 3. Govt. has been looking after only politicians and govt. servants due to DA linked salary, perqs. and pension with revision, they are not dare enough to take any correction due to strong left leaning unions which can strike and make govt. standstill, see the fun 2016 wage revision will give Rs.1 lac crore impact, even pension is revised. Country requires employment guarantee at least at minimum wages to all.
Economic growth and development is a genuine need and there is scope provided internal management with better coordination with state Govts.The recent exercise of Budget based on assumed factors of oil prices.Asian economy and middle easts hope that India will support their economy.They are difficult to stand to flobal economic forces.Dollar will continue to be strong.It is difficult for the country to improve economy rate beyond 7%.Revenue deficit and Inflation will hard press finacial sector as indicated by RBI
Some sombre words shorn of all hype and vote-catching gimmicks. The global outlook will drive the possibilities for India's growth. All BJP Union MInisters should read this piece from a person who was part of the NDA earlier.
Fastest growing economy, high growth rate,highest foreign investments, all look like pious statements. so far there appears to be no credible evidence. But hopes are there.
Re: pious statements
by Mature Stud on Jun 16, 2016 03:45 PM
nonsense! three years at a stretch there is no rain! even then inflation under control! what are you talking? stop writing foolish comments! and you cannot see als! Your glasses were bought by your parents from the missona for Rs. 25 only!
Re: Where is even 6-7-8% growth
by G reddy on Jun 25, 2016 01:40 PM
Daily some political leader give predictions of 7 to 10 percent growth statements especially when some crisis happens they ask us not to worry when Dollar keeps falling Exports going down and factory output down and so far no reforms started at the ground level People are not fools to believe everything they say