The Entire World is watching the Business and Economic development of India. US and Europe that ruled the Economic growth story in Pre 90`s, has already past its prime.
China emerged to replace the predecessor`s hegemony. However it is now moderating and struggling owing to its own conflicting agenda. The totalitarian,command economy has its limit as it does not involve the pleasure of participation. China might have emerged and may continue to be so for years to come, but will always struggle to maintain the momentum due to selective and restrictive Intellect participation within the nation.
At this juncture emergence of India at the World Forum is set to reignite the future and Past glory of India. India has advantage of having concurrently a very Strong Political leadership, a true young democracy, a vigilant and free media and above all a long tradition curious learning.
India's economy grew at 7%.No doubt it is growing but Government is only focussing in the future then the challenges they have to face today.
ReplyDeleteThe challenges if short term or long term, both needs to be addressed. Perspective could be varied priority. I think, Govt has set his priority very clear. It has to be integrated growth....
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