Showing posts with label Inflation. Show all posts
Showing posts with label Inflation. Show all posts

Friday, July 4, 2008

India's Story Hits the Wall, but for not too long...

Recently came across an article on Business Week titled India's Economy Hits the Wall, and my reply to the story is as below.

Two prime things to be focused on - infrastructure & alternative energy, and then the India Story will shine back!

I envy China, for the steady growth it has. But the key empowering fact, that India will have steady youth for a long time to come, makes me feel better.

New Delhi seriously need to come up with bold actions, and the coalition government will never work miracles in this matter. It is needed to focus on young talents, their ideas, their guts and support them in every possible way. More universities dedicated to unveil new horizons of knowledge are needed.

A little discomfort was really required to concentrate the efforts on things that really matter, instead of Urban growth and luxurious life-style.


There is a chance that the high inflation turns into stagflation, and some immediate actions are required to heal the recent scars. Would like to discuss some time in future on how the plans shall be revised to ensure the Indian Economy grows.