In developed countries the GDP is around 3% but the citizens get jobs, medical facilities, higher education, But india these things are beyond the reach of the common man. And yet people talk about high gdp means high growth.
India will set pace for the world .... govt policies are giving results ... broad based approval of govt reforms ... balance of payments is positive ... ease of doing business has improved, fdi has been facilitated ... bankruptcy law and gst are functional ... India is in a long term sweet growth cycle ... WHAT ELSE does mr Ninan want ? Why cant these journalists ever see and write positively ... when the report says that 7.75 is good enough for the next few years why this harping on 8% and 9% ??? Something negative has to be written thats all ... Accept the change my friends ...
If population policy is brought in, with GST effect, Indian economy will run in double digit after 2020 and speed may be drastically more after 2022. Almost all business will come under Cash memo system.
BRITISH RULE WAS THE GOLDEN ERA IN THE INDIAN HISTORY!
1. British, ending barbaric rule of Mozlems (who killed 600 mil & raped 600 mil HHIndus over 1200 yrs), liberated HHindus from 1200-yr subjugation, gave HHindus religious freedom and prevented India from becoming Barbaric Islamic Republic. 2. British united 550 princely states fighting internecine wars, into a single entity. British ended the menace 1000s of murderous robbers (thugs) in north India. 3. British built excellent dams, bridges, railways, gave equitable Justice system, modern education system opening universities, etc which rapidly improved the living & intellectual standards of common people. British modern medical services reduced death rate and increased life-span. 4. English language helped India to become a global tech & educational power, in spite of some shortcomings. 5. British rule considerably weakened the barbaric caste-system, superstitions, ignorance, etc strongly rooted in Indian psyche, though remnants remain. 6. No doubt Hinduism is the most secular, literature-rich religion, but Indian culture develops idiotic mentality and Indians live in constant delusion—believing ancient Indian literature has all sci & tech; in 2000 BC, 90% were literate & rich; Indian economy 27% of world economy in 1700, etc. These are all lies invented by scoundrels to fool Indians. Before the British, Indians were living in more pathetic conditions. INDIANS SHOULD DEVELOP PRAGMATIC THINKING
These so called economists ( T N Ninan ) only can think. They cant do anything. Whats the point in that this is possible and not possible bla bla. Good he did not comment about US.
